TDW Crosses Above Average Analyst Target
April 04, 2024 at 06:28 AM EDT
In recent trading, shares of Tidewater Inc (TDW) have crossed above the average analyst 12-month target price of $96.00, changing hands for $98.74/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..