Teekay Corporation - Upgrading On Excessive Discount To Net Asset Value - Buy

A STORE D THING L TH 0 4 TIP H 4 Holly 4 17 l I HeliRy Note: I have covered Teekay Corporation (NYSE:TK) previously, so investors should view this as an update to my earlier articles on the company. Two months ago, I downgraded shares of Teekay Corporation after a major rally in the shares had narrowed the discount to net asset value ("NAV") considerably. Since that time, the company's stock price has decreased by more than 20% mostly due to weakness in shares of its main consolidated subsidiary Teekay Tank ...