The Globe and Mail reports in its Friday, Jan. 31, edition that CIBC World Markets analyst Oscar Cabrera named Teck Resources and Labrador Iron Ore Royalty as his top picks for 2020. The Globe's David Leeder writes in the Eye On Equities column that Mr. Cabrera continues to rats Teck "outperformer." He boosted his share target by a loonier to $39. Analysts on average target the Class B shares at $30.87. Mr. Cabrera says in a note: "Both companies have a strong balance sheet and offer the opportunity to increase cash return to shareholders in 2020. LIF with supplemental dividends from IOC, and Teck before higher net outflows for its Quebrada Blanca 2 (QB2) project start in 2021." Mr. Cabrera reiterated his "outperformer" call on Labrador Iron, while trimming his share target by $2 to $32. Analysts on average target Labrador Iron shares at $29.25.