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Fly News Breaks for July 29, 2019
Jul 29, 2019 | 07:10 EDT
Stephens analyst Jack Atkins upgraded Kirby to Overweight from Equal Weight and raised his price target on the stock to $96 from $93 now that "the bar has finally been reset" with the company having reduced its guidance with its Q2 report last Thursday. Following the outlook revision, he believes investor focus can now shift back to "what really matters," namely the potential for materially higher earnings power in the company's Inland Marine operations, Atkins tells investors.
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