The Globe and Mail reports in its Friday, Feb. 21, edition that Canaccord analyst Dalton Baretto continues to rate Teck Resources "buy." The Globe's David Leeder writes that Mr. Baretto bumped his share target ahead by a loonie to $72. Analysts on average target the shares at $71.66. Mr. Baretto says in a note: "We reiterate our 'buy' rating on Teck and are increasing our target price to $72/sh (from C$71/sh) following the release of the company's full Q4/24 results. We like Teck for its scale, near-term copper growth, longer-term copper optionality, and strong balance sheet. With QB2 hitting its stride, Teck is poised to further increase its copper production and cash flow generation in 2025. In addition, we note the company s $11-billion in liquidity, a substantial war chest to grow the company's copper business (organically as well as inorganically) even after deploying the remaining $1.4-billion in share buybacks the next 12 to 24 months." The Globe reported on April 20, 2022, and Nov. 16, 2023, that Mr. Baretto had rated Teck "hold" and then "buy." The shares were then worth $54.49 and $48.72. The Globe reported on July 5, 2024, that Mr. Baretto had reiterated his "buy" call when the shares could be had for $68.74.