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

Rating:
Neutral TDW

Tidewater Inc. (TDW) rated Neutral with price target $61 by Credit Suisse

Posted on: Friday,  Feb 8, 2008  10:25 AM ET by Credit Suisse

Tidewater (TDW) rated Neutral
with price target $61 by Credit Suisse.

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Company had a total of 430 vessels, of which 10 were operated through joint ventures, 61 were stacked and 11 vessels withdrawn from service.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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2008 10:25 AM Hold
None
51.46 61.00
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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