Morgan Stanley Reiterates Overweight on Teck Resources, Maintains $51 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba has reiterated an Overweight rating on Teck Resources (NYSE:TECK) and maintained a $51 price target.
June 12, 2023 | 2:13 pm
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Morgan Stanley analyst Carlos De Alba reiterated an Overweight rating on Teck Resources (NYSE:TECK) and maintained a $51 price target.
The news of Morgan Stanley reiterating an Overweight rating on Teck Resources and maintaining a $51 price target is positive for the stock. This reaffirms the analyst's confidence in the company's performance and potential growth, which could lead to an increase in investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100