B. Riley Securities Maintains Buy on Teck Resources, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes has maintained a 'Buy' rating on Teck Resources (NYSE:TECK) and raised the price target from C$66 to C$78.
September 27, 2023 | 4:18 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Teck Resources' price target has been raised from C$66 to C$78 by B. Riley Securities, which maintains a 'Buy' rating on the stock.
The raised price target and maintained 'Buy' rating by B. Riley Securities indicates a positive outlook for Teck Resources. This could potentially lead to an increase in the stock's price in the short term as it may boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100