Scotiabank Maintains Sector Outperform on Teck Resources, Raises Price Target to C$79
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has maintained a Sector Outperform rating on Teck Resources and raised its price target from C$78 to C$79.
October 08, 2024 | 7:43 pm
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POSITIVE IMPACT
Scotiabank has reaffirmed its positive outlook on Teck Resources by maintaining a Sector Outperform rating and slightly increasing the price target to C$79.
The reaffirmation of a Sector Outperform rating and a slight increase in the price target by Scotiabank suggests a positive short-term outlook for Teck Resources. This could lead to increased investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100