Evercore ISI Group Reinstates Outperform on Tidewater, Announces $90 Price Target
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst James West has reinstated Tidewater (NYSE:TDW) with an Outperform rating and announced a $90 price target.
July 07, 2023 | 9:32 am
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POSITIVE IMPACT
Tidewater's stock is likely to experience positive movement due to the reinstatement of an Outperform rating and a $90 price target by Evercore ISI Group.
Analyst ratings and price targets can significantly influence a stock's performance. The reinstatement of an Outperform rating indicates that the analyst believes the stock will outperform the market or its sector in the short term. Additionally, the $90 price target suggests a bullish outlook for the stock, which could lead to increased buying pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100