Teck Board of Directors Rejects Unsolicited Acquisition Proposal

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Higher Teck Resources (TECK) Offer from Glencore 'Needed' and 'Likely' - Jefferies

April 4, 2023 8:35 AM EDT

Jefferies analyst Christopher LaFemina reiterated a Buy rating and Cdn$70.00 price target on Teck Resources Ltd (TECK-B:CN) (NYSE: TECK) after it received an all-share bid from Glencore (OTC: GLNCY) to buy its Class A and... More