Canaccord Genuity Maintains Buy on TECK RESOURCES LIMITED, Raises Price Target to C$75
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Dalton Baretto maintains a Buy rating on TECK RESOURCES LIMITED, raising the price target from C$59 to C$75.
April 17, 2024 | 5:42 pm
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Canaccord Genuity maintains a Buy rating on TECK RESOURCES LIMITED, with a raised price target from C$59 to C$75.
The increase in the price target by Canaccord Genuity reflects a positive outlook on TECK RESOURCES LIMITED, likely due to expected operational performance improvements or market conditions favoring the company. This analyst action can lead to increased investor confidence in TECK, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100