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Enter Symbol:
 
Tidewater Inc. (TDW) [hlAlert]

Rating:
Outperform
TDW
down 66.02 %

Tidewater Inc. (TDW) rated Outperform by Wells Fargo

Posted on: Wednesday,  Sep 19, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Tidewater Inc. (NYSE: TDW) on 09/19/2012, when the stock price was $49.01. Since
then, Tidewater Inc. has lost 66.03% as of 01/11/2016's recent price of $16.65.
If you would have followed this Wells Fargo's recommendation on TDW, you would have lost 66.02% of your investment in 1209 days.

Tidewater Inc. provides offshore supply vessels and marine support services to the offshore energy industry through the operation of offshore marine service vessels. As of March 31, 2008, the Company had a total of 430 vessels, of which 10 were operated through joint ventures, 61 were stacked and 11 vessels withdrawn from service. The Company provides services supporting all phases of offshore exploration, development and production, including towing of and anchor handling of mobile drilling rigs and equipment; transporting supplies and personnel necessary to sustain drilling, workover and production activities; assisting in offshore construction activities, and a variety of specialized services, including pipe laying, cable laying and three-dimensional (3-D) seismic work. The Company operates in two segments: United States and International.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2012 8:25 AM Buy
None
49.01
as of 12/31/2012
1 Week down  -1.25 %
1 Month down  -0.40 %
3 Months down  -7.93 %
1 YTD down  -8.83 %

(*) Stock Price at the time of the recommendation.
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