Deutsche Bank Maintains Buy on Teekay Corp. (TK)

February 25, 2013 12:52 PM EST Send to a Friend
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Price: $44.20 +0.29%

Rating Summary:
    9 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 15 | Down: 36 | New: 12
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Deutsche Bank today maintained a Buy rating on Teekay Corp. (NYSE: TK) with a modified price target of $41.00 (from $43.00).

"We are maintaining TK's BUY-rating given its discount to NAV, strong growth prospects in the gas and offshore sectors as well as the potential for increased GP distributions from its daughters," said aanalyst.

For an analyst ratings summary and ratings history on Teekay Corp. (NYSE: TK) click here. For more ratings news on Teekay Corp. click here.

Shares of Teekay Corp. closed at $34.51 yesterday.

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