BofA analyst Ken Hoexter raised the firm's price target on Teekay Tankers to $75 from $69 and keeps an Underperform rating on the shares. Given record tanker rates around the Iran war, the firm increased its FY26 and FY27 EPS estimates 88% and 58%, respectively, but reiterates an Underperform rating given its view of peak rates, an elevated orderbook, and the potential unwind of sanctions.
