Raymond James Initiates Coverage On Tidewater with Strong Buy Rating, Announces Price Target of $85
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst James Rollyson has initiated coverage on Tidewater (NYSE:TDW) with a Strong Buy rating and a price target of $85.
July 14, 2023 | 8:21 am
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Raymond James has initiated coverage on Tidewater with a Strong Buy rating and a price target of $85, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Raymond James, a reputable financial institution, has given Tidewater a Strong Buy rating and a high price target of $85. This suggests that they expect the stock to perform well, which could encourage investors to buy, potentially driving up the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100