Morgan Stanley Maintains Overweight on Teck Resources, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba maintains an Overweight rating on Teck Resources (NYSE:TECK) and raises the price target from $51 to $53.
June 22, 2023 | 9:40 am
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Teck Resources and raises the price target from $51 to $53.
Morgan Stanley's raised price target for Teck Resources indicates a positive outlook for the stock. The Overweight rating suggests that the stock is expected to outperform its peers in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100