B of A Securities Maintains Buy on Teekay Tankers, Raises Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains a Buy rating on Teekay Tankers (TNK) and raises the price target from $66 to $79.
May 10, 2024 | 10:54 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
B of A Securities reaffirms a Buy rating on Teekay Tankers and increases the price target to $79, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst suggests a strong confidence in the company's future performance, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100