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Fly News Breaks for April 24, 2019
KEX
Apr 24, 2019 | 07:55 EDT
Wells Fargo analyst Michael Webber raised his price target for Kirby to $80 from $74 ahead of quarterly results. The analyst reiterates a Market Perform rating on the shares as he thinks the current valuation already implies healthy inland pricing growth, and the lingering impact of the Q1 rebound in OFS sentiment via the company's Permian-levered DES segment.