Kirby shares have 25% near-term upside potential, says FBR Capital FBR Capital sees the potential for 25%-plus near-term upside in shares of Kirby given the company's "dominant" position in the liquid barge market and the likely turnaround in its diesel engine services division this year. The firm raised its price target for shares to $135 from $130 and 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.