UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Kirby Corporation
Posted on February 01, 2013 at 14:30 PM EST
In a report published Friday, Jefferies reiterated its Buy rating on Kirby Corporation (NYSE: KEX ), and raised its price target from $70.00 to $87.00. Jefferies noted, “Kirby reported 4Q12 EPS of $1.03, including the United earn-out reversal credit of $0.09. Excluding the credit, Kirby would have reported 4Q12 EPS