Teekay (TK) Will Reduce Qtr. Dividend by 90%
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Raymond James Downgrades Teekay Corp. (TK) to Market Perform
December 21, 2015 8:54 AM ESTRaymond James downgraded Teekay Corp. (NYSE: TK) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Teekay Corp. click here. For more ratings news on Teekay Corp. click here.
Shares of Teekay Corp. closed at $8.80 yesterday.
... MoreDeutsche Bank Downgrades Teekay Corp. (TK) to Hold
December 18, 2015 11:46 AM ESTDeutsche Bank downgraded Teekay Corp. (NYSE: TK) from Buy to Hold with a price target of $10.00 (from $60.00).
Amit Mehrotra said, "Undoubtedly we should have done this a long time ago given the market environment for yield-related names. But our confidence in the... More
Seaport Global Securities Downgrades Teekay Corp. (TK) to Neutral
December 17, 2015 9:29 AM ESTSeaport Global Securities downgraded Teekay Corp. (NYSE: TK) from Buy to Neutral.
For an analyst ratings summary and ratings history on Teekay Corp. click here. For more ratings news on Teekay Corp. click here.
Shares of Teekay Corp. closed at $17.49 yesterday.
... MoreCredit Suisse Downgrades Teekay Corp. (TK) to Neutral
December 17, 2015 7:48 AM ESTCredit Suisse downgraded Teekay Corp. (NYSE: TK) from Outperform to Neutral with a price target of $20.00 (from $41.00).
Analyst Gregory Lewis commented, "TK took the axe to its quarterly distribution, dropping it 90% to $0.055 from $0.55 which puts TK's distribution yield at 1.3%. We are downgrading... More
