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Fly News Breaks for October 22, 2018
TK
Oct 22, 2018 | 07:21 EDT
BofA/Merrill analyst Melvin Shieh initiated Teekay Corp with a Buy and $8 price target. Shieh is bullish on Teekay's outlook saying he expects potential upside from secular growth of liquefied natural gas and petroleum gas, a recovery in product and crude tanker markets, and demand for energy commodities.
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