Vale shares rise 5.20% after-hours as BofA upgrades price target to $17 and cites strong operational execution.

Vale (VALE) surged 5.20% in after-hours trading following BofA Securities’ upgrade, which raised its price target to $17 from $15 and reiterated a Buy rating. The firm highlighted Vale’s strong 2025 performance, driven by solid operational execution, improved free cash flow yields, and de-risking, reasserting the miner’s position as a leading iron ore producer. BofA also cited Vale’s portfolio versatility, growth in iron ore and copper, cost discipline, and operational resilience as key 2026 catalysts. The other news events, including a midday price surge on Feb. 3 and unrelated hospital or travel-related stories, were either historical price summaries or irrelevant to Vale’s core operations. The stock’s after-hours rally aligns directly with BofA’s positive outlook, underscoring renewed investor confidence in Vale’s strategic and financial positioning.