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Wednesday, November 16, 2011

Kirby (KEX) (PEP) (PIR) (PRGS) (IPI) (LNN) Get New Coverage

Kirby Co. (NYSE: KEX), PepsiCo, Inc. (NYSE: PEP), Pier 1 Imports (NYSE: PIR), Progress Software (NASDAQ: PRGS), Intrepid Potash, Inc. (NYSE: IPI) and Lindsay Corp. (NYSE: LNN) getting new coverage from analysts.

Dahlman Rose initiated coverage on Kirby Co. (KEX). They placed a “Buy” rating and a price target of $76.00 on the company.

Deutsche Bank (NYSE:DB) initiated coverage on PepsiCo, Inc. (PEP). They placed a “Buy” rating and a price target of $70.00 on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on Pier 1 Imports (PIR). They placed an “Outperform” rating on the company.

JMP Securities initiated coverage on Progress Software (PRGS). They placed a “Market Perform” rating on the company.

UBS AG (NYSE:UBS) initiated coverage on Intrepid Potash, Inc. (IPI). They placed a “Neutral” rating and a price target of $28.00 on the company.

Stifel Nicolaus initiated coverage on Lindsay Corp. (LNN). They placed a “Hold” rating on the company.

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