Teck Resources (TSE:TCK) Lowered to “Hold” Rating by TD Securities

TD Securities downgraded shares of Teck Resources (TSE:TCKFree Report) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports.

A number of other research firms also recently issued reports on TCK. Raymond James Financial downgraded Teck Resources from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Veritas raised shares of Teck Resources from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, January 15th. Natl Bk Canada downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Canaccord Genuity Group lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 8th. Finally, Scotiabank downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Four investment analysts have rated the stock with a Strong Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

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Trillium Acquisition Corp is a capital pool company.

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