Kirby Corp. (KEX) Tops Q1 EPS by 1c
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BofA/Merrill Lynch Downgrades Kirby (KEX) Two Notches to Underperform
May 1, 2015 8:19 AM EDTBofA/Merrill Lynch downgraded Kirby Corporation (NYSE: KEX) from Buy to Underperform with a price target of $72.00 (from $86.00). The change follows Q1 results. Analyst Ken Hoexter noted pricing pressure led to softer outlook, and he trimmed FY15/16 EPS estimates to $4.25/$4.80 (from $4.75/$5.65).
For an... More
FBR Capital Downgrades Kirby Corporation (KEX) to Market Perform
April 30, 2015 6:25 AM EDTFBR Capital downgraded Kirby Corporation (NYSE: KEX) from Outperform to Market Perform with a price target of $75.00.
Analyst John Mims commented, "We continue to believe Kirby is one of the best operators in the transport space, and we are not ones to regularly traffic in reactionary downgrades, but Kirby's 1Q15 print and 2015 guidance... More
