Benchmark Reiterates Buy on Teck Resources, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Nathan Martin has reiterated a Buy rating on Teck Resources (NYSE:TECK) and maintained a $50 price target for the company's stock.
January 22, 2024 | 5:10 pm
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POSITIVE IMPACT
Benchmark analyst Nathan Martin reaffirmed a Buy rating on Teck Resources, with a steady price target of $50, indicating a positive outlook on the stock.
The reiteration of a Buy rating and the maintenance of a $50 price target by a Benchmark analyst could lead to increased investor confidence in Teck Resources, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100