Why Deutsche Bank Upgraded Teekay
September 30, 2014 at 10:57 AM EDT
Shares of Teekay (TK) have surged more than 15% this morning after the shipping company announced a new dividend policy after yesterday’s close. Deutsche Bank’s Amit Mehrotra think the news is good enough to be worthy of an upgrade for Teekay: Reuters We are upgrading our recommendation on shares of Teekay Corp. to Buy from [...]