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

Rating:
Hold TDW
up 11.53 %

Tidewater Inc. (TDW) downgraded to Hold by Jesup & Lamont

Posted on: Friday,  Jun 12, 2009  8:25 AM ET by Jesup & Lamont

Jesup & Lamont rated Hold Tidewater Inc. (NYSE: TDW) on 06/12/2009. Previously Jesup & Lamont rated Buy Tidewater Inc. (NYSE: TDW) on
05/14/2009., when the stock price was $43.53. Since then, Tidewater Inc. has gained 11.53% as of 06/12/2009's recent price of $48.55.
If you would have followed the previous Jesup & Lamont's recommendation on TDW, you would have gained 11.53% of your investment in 29 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Company had a total of 430 vessels, of which 10 were operated through joint ventures, 61 were stacked and 11 vessels withdrawn from service.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.

Jesup & Lamont's research analysts provide world class research analysis to our clients. Our goal is to deliver fresh ideas within the right sectors, at the right time. In addition to fundamental analysis of companies and sectors, we employ strategists, and technical analysts with comprehensive research insights. As much as we put an emphasis on having the best analytical minds in the business and high ethical standards, intellectual honesty and objectivity are equally as important. Based on its experience and depth of resources, Jesup & Lamont Equity Research provides the financial and strategic advice necessary for successful equity management. Dedicated to providing insightful analysis of stockmarkets and companies, Jesup & Lamont Equity Research is recognized for the quality and timeliness of its investment recommendations. In Equity Research, we have significantly expanded our capabilities to better serve our corporate and institutional clients. Our current coverage list spotlights; Aerospace & Defense, Alternative Energy, Oil & Gas, Retail, Transportation and Utilities. Research extends into every corner of our equities business, supplying invaluable analysis, information, and advise for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2009 8:25 AM Hold
None
48.55
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  20.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/14/2009 8:25 AM Buy
None
43.53 51.20
9/30/2008 8:25 AM Buy
None
53.35 110.00

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