Teck Resources weakness overdone, says RBC Capital After Teck reported higher than expected Q4 EPS but said its 2013 production would be below its year-end capacity, RBC Capital thinks the company is well-positioned to exploit any rebound in coal demand. The firm maintains a $40 price target and Outperform rating.
News For TCK From The Last 14 Days
Check below for free stories on TCK the last two weeks.
Morgan Stanley not a buyer of Freeport McMoRan and Teck Resources Morgan Stanley said mining stocks fell on weakn China FAI and IP data and would not be a buyer of Freeport McMoRan (FCX) and Teck Resources (TCK) until there are indications of a demand rebound. Shares of Freeport McMoRan and Teck Resources are both Equal Weight rated.