Replies to post #176 on Teekay Tankers Ltd (TNK)

[Timothy Smith]

Teekay Tankers (TNK +4.2%) enjoys strong gains after UBS upgrades shares to Buy from Sell with a $7.25 price target, raised from $6.75, saying the stock has more upside risk than downside risk; UBS says its estimates show the stock trading at 1.0x price/NAV, while a more appropriate valuation metric would be 1.2x price/NAV.