JPMorgan lowered the firm’s price target on Teck Resources (TECK) to $41 from $50 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the North America base metals. The firm cut December 2025 price targets by 20% across the board reflecting multiple de-rating and lower forward-commodity pricing amid ongoing tariff uncertainty and “evolving” recession risks.
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Read More on TECK:
- Teck Resources to Announce Q1 2025 Results on April 24
- Teck Resources price target lowered to $42 from $52.50 at Morgan Stanley
- Teck Resources price target lowered to $53 from $64 at BofA
- Teck Resources price target lowered to C$66 from C$73 at Scotiabank
- Teck Resources put volume heavy and directionally bearish
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