JPMorgan raised the firm’s price target on Teck Resources (TECK) to $46 from $41 and keeps an Overweight rating on the shares. The firm increased the price target as part of a Q2 earnings preview for base metals. It increased copper price targets to reflect higher commodity pricing and easing recession risk.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TECK:
- Teck Resources to Announce Q2 2025 Earnings on July 24
- Teck Resources initiated with a Hold at Stifel
- Teck Resources Named Among 2025 Best Corporate Citizens in Canada
- Teck Resources Secures Environmental Approval for Highland Valley Copper Mine Extension
- Teck Resources price target lowered to C$55 from C$68 at Citi