David Einhorn’s Greenlight Capital reduced its Teck Resources (TECK) long position into strength during Q1, noting the shares have “dramatically outperformed” copper peer Freeport-McMoRan (FCX), according to its quarterly letter to shareholders
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Read More on TECK:
- Teck Resources price target raised to C$75 from C$59 at Canaccord
- Teck Resources price target raised to $50 from $44 at JPMorgan
- Teck Resources call volume above normal and directionally bullish
- Teck Resources price target raised to C$75 from C$68 at Scotiabank
- Teck Resources price target raised to $52 from $50 at Benchmark
