Gold Fields shares rise 6.05% after-hours as Citigroup raises price target to $57 with 'Buy' rating.

Gold Fields surged 6.05% in after-hours trading following multiple analyst upgrades and bullish ratings. Citigroup raised its price target for the stock to $57 from $50, maintaining a "Buy" rating, while Zacks Investment Research highlighted Gold Fields as a Zacks Rank #1 (Strong Buy) stock, citing strong earnings growth and a low PEG ratio. These analyst actions underscored confidence in the company’s performance amid favorable gold prices and operational improvements, including reduced net debt and record production guidance. Institutional ownership remains significant, but the immediate catalyst for the after-hours rally appears to stem from the upgraded analyst outlooks, which reinforced the stock’s appeal in a volatile market.