Market Overview

Teekay Corporation Rises Following Analyst Upgrade

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Shares of Teekay Corporation (NYSE: TK), which just last week was upgraded by JPMorgan Chase & Co. (NYSE: JPM) from Underweight to Neutral, are up over 6% today.

JPMorgan Chase & Co. increased the price target from $26 to $32 and the stock has traded as high as $25.37 today.

Teekay Corporation is a provider of international crude oil and petroleum product transportation services. It maintains a fleet of 175 vessels and has offices in 17 countries.

Today's trading range for Teekay Corporation is $24.06 to $25.37.

The 52-week trading range for the company is $11.35 to $27.14.

 

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Posted-In: JPMorgan Chase & Co. Teekay CorporationAnalyst Color Upgrades Price Target Analyst Ratings Movers Trading Ideas

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