Information Provided By: 
Fly News Breaks for February 26, 2018
TNK
Feb 26, 2018 | 05:17 EDT
UBS analyst Spiro Dounis upgraded Teekay Tankers to Neutral while lowering his price target for the shares to $1.30 from $1.40. While crude tanker fundamentals will remain "strained" in 2018, the market has now appropriately discounted Teekay Tankers' valuation to reflect the headwinds and volatility in 2018, Dounis tells investors in a research note. He notes that over the last year, the stock is down 50% while the peer group is only down 18%. The analyst views the risk/reward as more balanced at current share levels.
News For TNK From the Last 2 Days
There are no results for your query TNK
