Teck Resources (NYSE:TECK – Free Report) (TSE:TECK) had its price objective lifted by CIBC from $70.00 to $80.00 in a research report sent to investors on Friday, Benzinga reports. CIBC currently has an outperformer rating on the basic materials company’s stock.
Several other research analysts have also weighed in on the company. Benchmark boosted their price target on Teck Resources from $50.00 to $52.00 and gave the stock a buy rating in a research report on Monday, April 8th. Morgan Stanley boosted their price target on Teck Resources from $55.00 to $60.00 and gave the stock an overweight rating in a research report on Friday, June 21st. Finally, JPMorgan Chase & Co. boosted their price target on Teck Resources from $44.00 to $50.00 and gave the stock an overweight rating in a research report on Wednesday, April 17th. Two analysts have rated the stock with a hold rating and seven have…
