VALE (VALE $24.78, OVERWEIGHT, price target raised to $64 from $55) IRON ORE PRICING DRIVES HIGHER PRICE TARGET; SALE OF ALUMINUM BUSINESSES TO NORSK HYDRO 6/8/2010

VALE (VALE $24.78, OVERWEIGHT, price target raised to $64 from $55) IRON
ORE PRICING DRIVES HIGHER PRICE TARGET; SALE OF ALUMINUM
BUSINESSES TO NORSK HYDRO  6/8/2010