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Fly News Breaks for May 2, 2016
KEX
May 2, 2016 | 06:47 EDT
BB&T analyst Kevin Sterling upgraded Kirby to Buy and established an $80 price target on shares saying he believes pricing is poised to firm in the inland tank barge market. Kirby said supply pressures appear to be moderating, orders for new tank barges are at a ten-year low, and demand fundamentals in Kirby's core petrochemical and refined products markets are firming.
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