Kirby price target raised to $125 from $105 at FBR Capital FBR Capital raised its price target for Kirby Corporation to $125 saying it would be a buyer of the stock into the company's Q4 results on January 29. FBR views Friday's share sell-off as a buying opportunity and is positive on the company's energy and chemical-related infrastructure exposure. It keeps an Outperform rating on Kirby.
Kirby upgraded to Overweight from Equal Weight at Stephens As previously reported, Stephens upgraded Kirby to Overweight from Equal Weight. The firm believes Kirby's core inland barge business is stabilizing and commentary around stabilizing pricing could prove to be a catalyst for shares ahead of a FY16 earnings recovery. Stephens raised Kirby's price target to $95 from $77.