ATB Cormark Raises Price Targets on Two Tidewater Energy Companies
Dow Jones Newswires, citing Baystreet, reports ATB Cormark lifted its Tidewater Midstream target to C$28 from C$26 and kept an Outperform rating.
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what happened
Analysts at ATB Cormark raised their price target on Tidewater Midstream and Infrastructure Ltd. to C$28 a share from C$26 and kept an Outperform rating. Dow Jones Newswires reports the move, citing Baystreet.
The same firm also lifted its target on Tidewater Renewables Ltd. to C$21 from C$19 and reaffirmed a Speculative Buy rating on the stock.
why it matters
Target changes from a single brokerage usually move sentiment around small Canadian energy companies rather than the broader market. For investors these revisions are one signal of how analysts view the companies' outlook, and they do not by themselves shift oil or gas prices.
tags
instruments
sources
- Tidewater Midstream and Infrastructure Ltd. Price Target Raised to C$28.00/Share From C$26.00 by ATB Cormark — Dow Jones Newswires, 23 October 2026 at 15:06 UTC
- Tidewater Renewables Ltd. Price Target Raised to C$21.00/Share From C$19.00 by ATB Cormark — Dow Jones Newswires, 23 October 2026 at 15:05 UTC
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