Kirby Stock Rises After BofA Increases Price Target
By EC Assets · Published
Kirby shares experienced a notable increase following an updated price target from BofA. The financial institution raised its price target for Kirby to $182.00. This adjustment came with a maintained "buy" rating for the stock. The previous target price for Kirby shares was $169.00. BofA Securities analyst Ken Hoexter was responsible for this price target increase. The firm also revised its earnings per share estimate for Kirby. BofA moved its earnings per share estimate for Kirby to $7.15 from an earlier $7.00. This new estimate represents a 13% year-over-year growth. The firm mentioned certain second-quarter deliveries in its assessment. This article is intended for informational purposes only. It does not constitute investment advice.
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