Zacks Investment Research downgraded shares of KIRBY CORP (KEX) from OUTPERFORM to NEUTRAL on May 16, 2013, with a target price of $82.20.
Kirby Corporation conducts operations in two business segments: marine transportation and diesel repair. The Company's marine transportation segment is engaged in the inland transportation of industrial chemicals, petrochemical feedstocks, agricultural chemicals and refined petroleum products by tank barge and in the offshore transportation of refined petroleum products by tanker and tank barge, and dry-bulk, container and palletized cargoes by barge and break-bulk ship. The Company's diesel repair segment is engaged in the sale, overhaul and repair of diesel engines and related parts sales.
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