CANADA RESEARCH ROUNDUP-Aritzia, First Quantum Minerals, Teck Resources
Securities analysts have updated their ratings and price targets for several Canadian companies. Aritzia Inc's target price was raised by TD Cowen to C$68 from C$58, while CIBC also increased it to C$63 from C$60. Conversely, First Quantum Minerals' target was cut by Jefferies to C$22 from C$23, and Teck Resources' target was reduced to C$70 from C$80. Lundin Mining's target was also lowered to C$16 from C$20.
Jan 6 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Aritzia, First Quantum Minerals and Teck Resources on Monday.
HIGHLIGHTS
Aritzia Inc (ATZ.TO) : TD Cowen raises target price to C$68 from C$58
First Quantum Minerals Ltd (FM.TO) : Jefferies cuts target price to C$22 from C$23
Teck Resources Ltd (TECKb.TO) : Jefferies cuts target price to C$70 from C$80 Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries are in alphabetical order.
Aritzia Inc (ATZ.TO) : CIBC raises target price to C$63 from C$60
Aritzia Inc (ATZ.TO) : TD Cowen raises target price to C$68 from C$58
First Quantum Minerals Ltd (FM.TO) : Jefferies cuts target price to C$22 from C$23
Lundin Mining Corp (LUN.TO) : Jefferies cuts target price to C$16 from C$20
Teck Resources Ltd (TECKb.TO) : Jefferies cuts target price to C$70 from C$80
