JP Morgan Maintains Overweight on TECK RESOURCES LIMITED, Lowers Price Target to C$74
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains an Overweight rating on TECK RESOURCES LIMITED but lowers the price target from C$76 to C$74.
July 25, 2024 | 3:04 pm
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JP Morgan analyst Bill Peterson maintains an Overweight rating on TECK RESOURCES LIMITED but lowers the price target from C$76 to C$74.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100