Kirby price target raised to $100 from $90 at Stifel

Stifel analyst Benjamin Nolan raised the firm’s price target on Kirby to $100 from $90 and keeps a Buy rating on the shares after having hosted meetings with Kirby management. Kirby has been making “solid progress” in all business segments for the past six quarters and those trends appear to be continuing, the analyst tells investors following the meetings.