The Globe and Mail reports in its Wednesday, April 10, edition that Scotia Capital analyst Orest Wowkodaw calls Teck Resources one of his "top picks." The Globe's David Leeder writes in the Eye On Equities column that Mr. Wowkodaw has reaffirmed his "sector outperform" recommendation for Teck. Mr. Wowkodaw gave his share target a $7 boost to $75. Analysts on average target the Class B shares at $65.83. Mr. Wowkodaw is predicting that in the first quarter of 2024, most miners will see a significant decline in their financial results on both a quarter-over-quarter and year-over-year basis. This is due to a weaker seasonal operating performance, which will more than offset the benefit of slightly improved commodity prices. Mr. Wowkodaw says in a note: "Overall, our estimates appear below current consensus expectations for most companies. Despite the challenging operating environment, we do not anticipate any material guidance changes this quarter. We expect only a few company-specific catalysts with no improvements to shareholder returns. ... It remains unclear if significantly improved investor sentiment will look through a potentially disappointing Q1 reporting season."