Price TargetAnalyst's price target has been increased to $125, indicating confidence in continued performance and valuation growth.
Pricing And MarginsImproving barge activity combined with nil fleet growth points to improving barge pricing which should continue to push margins higher.
Volume And DemandUpper river barge volumes are tracking up ~25% year-over-year and up ~35% quarter-over-quarter, driven by growth in refined products, petchems, and crude volume activity.