Teekay shares could be poised for significant gains, says Wells Fargo


Wells Fargo believes that Teekay's shares appear to be well-positioned for a "systemic revaluation." The firm thinks that the company has a number of positive 2014 catalysts, but adds that the stock's "history of head fakes" makes it hesitant to call an inflection point. Wells keeps an Outperform rating on the shares.

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