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 20, 2023 | 1:39 pm
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Morgan Stanley maintains Overweight rating and $51 price target for Teck Resources (NYSE:TECK).
The reiteration of an Overweight rating and maintenance of a $51 price target by Morgan Stanley analyst Carlos De Alba indicates a positive outlook for Teck Resources. This news is likely to have a positive short-term impact on the stock price, as it shows confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100