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Enter Symbol:
Rating: KEX
up 57.00 %

Kirby Corporation (NYSE: KEX) downgraded to Hold by BB&T Capital Mkts

Wednesday,  Dec 3, 2014  10:25 AM ET by Lynn Gilbert

BB&T Capital Mkts downgraded Kirby Corporation (NYSE: KEX) to Hold. Previously, BB&T Capital Mkts rated Kirby Corporation (NYSE: KEX) to Buy on
03/14/2011, when the stock price was valued at $56.77. Since then, Kirby Corporation's stock price has gained 57% as of 12/03/2014's recent price of $89.07.
If you had followed BB&T Capital Mkts's previous recommendation on KEX, you would have gained 57% of your investment in 1360 days.

Kirby Corporation is a marine transportation and diesel engine services company. The Company operates in two business segments: marine transportation and diesel engine services. The Company?s marine transportation segment is engaged in the inland transportation of petrochemicals, black oil products and agricultural chemicals by tank barges, and the offshore transportation of dry-bulk cargoes by barge. The Company?s diesel engine services segment is engaged in the overhaul and repair of diesel engines and reduction gears, and related parts sales in three markets: the marine market, providing aftermarket service for vessels powered by diesel engines utilized in the various inland and offshore marine industries; the power generation market, providing aftermarket service for diesel engines that provide standby, peak and base load power generation for users of industrial reduction gears and for generation components of the nuclear industry; and the railroad market.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.

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