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flag APG Asset Management boosts Teck Resources holdings by 545%, despite mixed financial results.

flag APG Asset Management significantly increased its holdings in Teck Resources Limited by 545% in the fourth quarter, now owning 287,667 shares. flag Despite beating earnings expectations with $0.33 EPS, Teck's revenue of $1.99 billion fell short of forecasts. flag Analysts predict a 1.53 EPS for the year and give Teck a "Moderate Buy" rating with a target price of $64.11. flag JPMorgan reduced the price target to C$58.00 but maintained a 'buy' rating.

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