Tidewater cut to Hold at DNB as 'challenging environment' set to last into 2026

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"Deepwater Horizon" offshore oil rig and Tidewater supply vessel

landbysea/iStock Unreleased via Getty Images

Tidewater (NYSE:TDW) -0.9% in Monday's trading as DNB Carnegie downgraded the provider of vessels and marine services to the offshore petroleum to Hold from Buy with a $53 price target, trimmed from $69, believing market softness is set to persist going into

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