Kirby (KEX -1.6%) slides after RBC Capital cut the shares to Outperform from its Top Pick list,...

|About: Kirby Corporation (KEX)|By:, SA News Editor

Kirby (KEX -1.6%) slides after RBC Capital cut the shares to Outperform from its Top Pick list, citing near-term guidance concerns, higher maintenance expenses, and dislocation in the fracing markets. The firm also lowers its price target to $65 from $80.