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RESEARCH ALERT - Tidewater raised to buy

Source: Reuters
NEW YORK, Oct 22 (Reuters) - Donaldson Lufkin and Jenrette
said Friday it raised its rating on Tidewater Inc., which
operates a fleet of vessels serving the offshore energy
industry, to buy from market perform.
-- Credit Suisse First Boston said it is raising Tidewater
to buy from hold.
-- No further information was immediately available.
-- On Thursday, Tidewater posted second quarter earnings
that beat consensus estimates.
-- Shares of Tidewater closed at 26-3/4 on the New York
Stock Exchange on Thursday.
((New York Newsdesk (212) 859-1700))

Copyright 1999 Reuters Limited. Click Here for Limitations and Restrictions on Use.
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