TSX:TECK.A - Post by User
Post by
jedi_knighton Apr 15, 2009 4:50pm
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Post# 15920755
Teck Cominco Limited / more upgrades
Teck Cominco Limited / more upgradesGiddy Up!!!
More upgrades.
J_K
Link...
https://www.schaeffersresearch.com/commentary/content/options+edge+peabody+energy+teck+cominco+visa+inc+and+wal-mart+stores/observations.aspx?ID=92407
Teck Cominco Limited
For the second consecutive session, Teck Cominco Limited (TCK: sentiment, chart, options) has garnered a price-target boost. TD hiked its price target on the shares from C$10.50 to C$13, just 1 day after Desjardins raised its own estimate for TCK from C$15.95 to C$19.10. The latter brokerage firm cited expected strength in copper prices for the boost.
Considering its year-to-date rally of 78.7%, it's no surprise that analysts are rushing to raise their targets on TCK. The stock's seemingly unstoppable momentum has left it hovering precariously above support from its 10-day moving average.