Teck Resources shares are trading higher after Morgan Stanley raised its price target from $55 to $60.
Portfolio Pulse from Benzinga Newsdesk
Teck Resources shares are trading higher after Morgan Stanley raised its price target from $55 to $60.
June 24, 2024 | 1:11 pm
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POSITIVE IMPACT
Teck Resources shares are trading higher following Morgan Stanley's decision to raise its price target from $55 to $60.
Morgan Stanley's increased price target is a positive signal for investors, indicating confidence in Teck Resources' future performance. This is likely to drive short-term buying interest and push the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100