BofA raised the firm’s price target on Teck Resources (TECK) to $64 from $62 and keeps a Buy rating on the shares. The firm updated its model for Q4, noting that FY25 guidance was pre-released on January 20. Its 2025 EPS forecast increased 6.9% to $2.37 from $2.21 and its 2026 EPS view increased 1.1% to $3.97 from $3.93, the analyst tells investors.
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