Tidewater Midstream and Infrastructure Ltd T.TWM

National Bank - TWM Target down to $1.10 from $1.25

[TVR]

National Bank put out  a new TWM analyst report today with a Sector Perform rating and target cut from $1.25 to $1.10.   The analysts are not producing anything positive on TWM despite the $675 million cash infusion and what should now be a very strong balance sheet..  Hard to believe the financial transformation is being met with such disdain by the analysts.

[templetooth2]

This is what happens when your two most important executives are fired without explanation. All of the gains in both Tidewaters, TWM and LCFS, since early December are now gone. Obliterated. It is also apparent that the companies will brazen it out, no explanation will be forthcoming. This situation is one of the few where you thank the stars that this thing doesn't have a US listing. Down