The Globe and Mail reports in its Thursday, Jan. 18, edition that National Bank Financial analyst Shane Nagle has reaffirmed his "outperform" recommendation for Teck Resources. The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle gave his share target a $2 trim to $66. Analysts on average target the shares at $60.21. Mr. Nagle says in a note: "We maintain our 'outperform' rating given Teck's strong financial position, robust copper growth pipeline and attractive valuation. Divestiture of the steelmaking coal business will provide significant cash to both bolster the balance sheet and return cash to investors, both supportive of a rerating." The Globe reported on April 20, 2022, and Nov. 16, 2023, that Canaccord Genuity analyst Dalton Baretto had rated Teck "hold" and then "buy." The shares could then be had for $54.49 and $48.72. The Globe reported on Oct. 18, 2023, that Scotia Capital analyst Orest Wowkodaw was keeping his "sector outperform" recommendation for Teck intact. It was then worth $55.90. The Globe reported on Jan. 9, 2024, that Mr. Nagle and National Bank colleague Rabi Nizami continued to rate Teck "outperform." The shares could then be had for $52.30.