Information Provided By:
Fly News Breaks for February 24, 2020
TECK
Feb 24, 2020 | 08:07 EDT
BMO Capital analyst Jackie Przybylowski lowered her price target on Teck Resources to C$27 and kept her Market Perform rating after its Q4 earnings last week. The analyst is positive on the company's QB2 execution, attractive project pipeline, and expectation of improved volumes and unit costs from its coal division, but still sees its "market-moving" upside catalysts being a few quarters away.