Kirby price target raised to $140 from $120 at BTIG

BTIG raised the firm’s price target on Kirby to $140 from $120 and keeps a Buy rating on the shares. The firm cites inland barge volumes rebounding in Q2, with barge volumes up 6% sequentially and up 6% vs. Q2 of last year, which should continue to keep upward pressure on both inland barge spot and term pricing, the analyst tells investors in a research note.