Citi analyst Alexander Hacking lowered the firm’s price target on Teck Resources (TECK) to C$55 from C$68 and keeps a Neutral rating on the shares. The firm updated Teck’s model for its latest copper price forecasts.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TECK:
- Teck Resources Faces Temporary Operational Challenges in Chile
- Teck to temporarily shut down of mill, shiploader, says RBC Capital
- Teck Resources announces mechanical issue at CdA operations in Chile
- Teck Resources recommends that shareholder reject mini-tender by TRC Capital
- Teck Resources to Present at Global Metals Conference
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue