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Enter Symbol:
Rating: KEX
Outperform $100
down 23.00 %

Kirby Corporation (NYSE: KEX) reiterated to Outperform with price target $100 by Cowen

Thursday,  Dec 18, 2014  12:25 PM ET by Kristen Bailey

The Cowen advised against investing in this stock and the price has fallen for a loss. The price fell from $107.84 on 05/01/2014 to $82.85 on 12/18/2014. Cowen reiterated Kirby
Corporation (NYSE: KEX) to Outperform with price target $100 with today's price of $82.85. Cowen rated Kirby Corporation (NYSE: KEX) to Outperform with price target $130 on 05/01/2014, when the price was $107.84. Kirby Corporation's stock price lost 23% since then.
By following the previous Cowen's recommendation on KEX, you would have lost 23% in 231 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.

Cowen



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