, Tracking Stock Market Picks
Enter Symbol:
Tidewater Inc. (TDW) [hlAlert]

Market Perform
down 65.63 %

Tidewater Inc. (TDW) downgraded to Market Perform with price target $6.50 by Cowen

Posted on: Monday,  Jan 11, 2016  8:25 AM ET by Cowen

Cowen rated Market Perform Tidewater Inc. (NYSE: TDW) on 01/11/2016. Previously Cowen rated Outperform Tidewater Inc. (NYSE: TDW) on 09/16/2015.,
when the stock price was $16.41. Since then, Tidewater Inc. has lost 65.63% as of 01/11/2016's recent price of $5.64.
If you would have followed the previous Cowen's recommendation on TDW, you would have lost 65.63% of your investment in 117 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Company had a total of 430 vessels, of which 10 were operated through joint ventures, 61 were stacked and 11 vessels withdrawn from service.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.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2016 8:25 AM Hold
5.64 6.50
as of 8/27/2015
1 Week up  3.28 %
1 Month down  -28.93 %
3 Months down  -40.49 %
1 YTD down  -71.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/16/2015 8:25 AM Buy
16.41 20.00
11/6/2013 11:25 AM Buy
62.21 74.00
10/9/2013 8:25 AM Buy
58.61 70.00

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