The Globe and Mail reports in its Friday, Jan. 24, edition that Citi analyst Alexander Hacking is sticking with his "neutral" recommendation for Teck Resources. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hacking gave his share target a $6 trim to $68. Analysts on average target the shares at $71.88. On Wednesday, Mr. Hacking updated his financial forecast for the Vancouver-based miner to reflect fourth quarter production results, adjusted 2025-28 guidance and the firm's latest commodity price deck. His 2024 earnings before interest, taxes, depreciation and amortization estimate increased by 1 per cent to $5.3-billion, but his 2025 expectation dropped by 31 per cent to $3.5-billion to reflect a lower copper price projection. Mr. Hacking says in a note: "Positive factors include exposure to copper, several interesting growth options, and a strong balance sheet. Negative factors include historical challenges on execution and a dual-class share structure. On balance, we see equal upside and downside at current levels." The Globe reported on Oct. 3 that Mr. Hacking had reaffirmed his "neutral" call on Teck Resources. The shares could then be had for $69.62.