RBC Capital lowered the firm’s price target on Teck Resources (TECK) to $67 from $82 and keeps an Outperform rating on the shares. RBC believes Teck’s issues are fixable and sees an opportunity to turn things around in the second half, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TECK:
- Teck Resources downgraded to Neutral from Overweight at JPMorgan
- Teck Resources Reports Strong Q2 2025 Results
- Teck Resources Balances Achievements and Challenges in Latest Earnings Call
- Teck Resources Declares Dividend for September 2025
- Teck Resources Greenlights Highland Valley Copper Mine Extension