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Fly News Breaks for April 29, 2016
KEX
Apr 29, 2016 | 06:29 EDT
Cowen analyst Sam Margolin downgraded Kirby to Market Perform until additional visibility on the positive demand impact of the US petchem build-out materializes. The analyst sees vulnerability to barge pricing as US liquids production declines and lowered 2016 estimates to the low end of guidance.