Tidewater Midstream downgraded to Sector Perform at National Bank

National Bank analyst Patrick Kenny downgraded Tidewater Midstream & Infrastructure to Sector Perform from Outperform with a price target of C$1.10, down from C$1.50. The analyst cites the company’s HDRD capital cost budget overrun for the downgrade.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on TWMIF:

• Tidewater Midstream & Infrastructure price target lowered to C$1.30 from C$1.50 at Scotiabank