The Globe and Mail reports in its Thursday, Sept. 11, edition that Scotia Capital analyst Orest Wowkodaw is keeping his "sector outperform" recommendation for Teck Resources intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Wowkodaw's share target soared $15 to $70. Analysts on average target the shares at $59.17. Mr. Wowkodaw sees Teck Resources' agreement to be acquired by British mining giant Anglo American as "mixed" for its shares. Mr. Wowkodaw says in a note: "On one hand, the deal serves to highlight the intrinsic value of the company despite all the recent operational challenges. Moreover, the industrial logic of an Anglo-Teck combination is compelling due to the material operational synergies available in Chile. However, the timing of this deal is hard to understand from a Teck perspective, and the relatively modest implied premium, along with the loss of a Canadian mining champion and the primary listing, are all disappointments. In our view, approval for the proposed transaction is not a certainty given a separate vote is required for Class B shareholders. ... With any foreign buyer, we anticipate a relatively high level of Canadian regulatory scrutiny on a Teck sale."