JPMorgan Chase Analysts Lower Price Target on Teekay

According to a report from American Banking and Market News, equities research analysts at JPMorgan Chase & Co. (NYSE: JPM) lowered their price target on shares of Teekay Tankers Ltd. (NYSE: TNK) from $13.00 to $12.00 in a research note to investors on Feb. 28. Separately, analysts at Deutsche Bank (NYSE: DB) upgraded shares of Teekay Tankers Ltd. to a “buy” rating in a research note to investors on January 25.