BofA Upgrades Kirby (KEX), Downgrades Teekay (TNK), Safe Bulkers (SB) to Underperform

July 25, 2012 8:42 AM EDT Send to a Friend
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Price: $81.31 --0%

Rating Summary:
    11 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 1 | Down: 7 | New: 8
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An analyst at BofA/Merill revised investment ratings on several stocks in Water Transportation sector Wednesday morning:
  • upgraded Kirby Corp. (NYSE: KEX) from Neutral to Buy;
  • downgraded Teekay Tankers (NYSE: TNK) from Neutral to Underperform; and
  • downgraded Safe Bulkers (NYSE: SB) from Neutral to Underperform.
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