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Kirby Corporation (NYSE:KEX) Receives Upgrade from Citigroup

Kirby Corporation (NYSE:KEX) is a leading provider of marine transportation and diesel engine services. The company operates a fleet of inland tank barges and towing vessels, transporting bulk liquid products throughout the United States. Kirby also offers diesel engine services, catering to the marine, power generation, and industrial sectors. Its main competitors include companies like Ingram Barge Company and American Commercial Lines.

On January 20, 2026, Citigroup upgraded Kirby's stock to a "Buy" rating. At the time, the stock price was $125.88. Citigroup also increased the price target from $131 to $145, as highlighted by TheFly. This upgrade reflects Citigroup's confidence in Kirby's future performance and potential for growth in the market.

Currently, KEX is trading at $125.88, showing a slight decrease of 0.34% or $0.43. The stock has experienced fluctuations today, with a low of $125.37 and a high of $127.21. Over the past year, KEX has seen a high of $127.21 and a low of $79.52, indicating some volatility in its stock price.

Kirby's market capitalization is approximately $7.02 billion, which represents the total market value of its outstanding shares. The trading volume on the NYSE is 761,275 shares, showing active investor interest. This level of trading activity can influence the stock's price movements and overall market perception.

Published on: January 20, 2026