Jefferies Maintains Buy on Teekay Tankers, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has maintained a Buy rating on Teekay Tankers (NYSE:TNK) and increased the price target from $70 to $76.

May 09, 2024 | 1:28 pm
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Jefferies analyst Omar Nokta reaffirmed a Buy rating on Teekay Tankers and raised the price target from $70 to $76, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Omar Nokta suggests a strong confidence in Teekay Tankers' future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100