Teck Announces Sale of Fort Hills Interest

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Teck Resources (TECK) Thesis 'Played Out' - BMO Capital

October 28, 2022 12:23 PM EDT

BMO Capital Markets downgraded shares of Teck Resources (NYSE: TECK) to Market Perform from Outperform, lowering the price target to C$46 from C$49 per share in a note to investors on Friday.

US-listed shares of Teck Resources are down over 7% at the time of writing.

Analyst Jackie... More