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

Rating:
Overweight
TDW
down 67.53 %

Tidewater Inc. (TDW) rated Overweight by JP Morgan

Posted on: Monday,  Jan 28, 2008  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Tidewater Inc. (NYSE: TDW) on 01/28/2008, when the stock price was $51.29. Since
then, Tidewater Inc. has lost 67.54% as of 01/11/2016's recent price of $16.65.
If you would have followed this JP Morgan's recommendation on TDW, you would have lost 67.53% of your investment in 2905 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Company had a total of 430 vessels, of which 10 were operated through joint ventures, 61 were stacked and 11 vessels withdrawn from service.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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2008 8:25 AM Buy
None
51.29
as of 12/24/2008
1 Week up  4.82 %
1 Month up  18.96 %
3 Months up  16.48 %
1 YTD down  -16.51 %

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