Teck Resources Should See 'Positive Reaction' to Q3, TD Says

07:41 AM EDT, 10/29/2026 (MT Newswires) -- TD Securities said Teck Resources (TECK-B.TO, TECK) Q3 results should help move the stock higher. Analyst Craig Hutchison maintained a hold rating and CA$98 price target on Teck in a note to clients Thursday. "We expect a positive reaction to the quarter given the solid beat, decreased cost guidance, and continued balance sheet strengthening," Hutchison said in a note to clients. "While Chilean operations were interrupted by weather, strong copper production elsewhere combined with strength in the zinc segment underpinned a solid quarter." (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)