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Bank Of America Downgrades Small-Cap Kirby Corp

2015-05-01 20:55:29| Appliances - Topix.net

In a report published Friday, BofA Merrill Lynch analysts downgraded the rating on Kirby Corporation from Buy to Underperform, while reducing the price objective from $86 to $72. The analysts cited pricing pressure as the reason for the company's softer outlook.

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