Citi raised the firm’s price target on C.H. Robinson (CHRW) to $118 from $116 and keeps a Buy rating on the shares. The firm sees balanced risk/rewards for transport stocks heading into the Q2 reports due macro uncertainty and a “still-soft” demand backdrop. Citi is “less enthusiastic” on the sector relative to three months ago due to the recent rally in the shares.
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Read More on CHRW:
- C.H. Robinson price target raised to $121 from $118 at JPMorgan
- C.H. Robinson price target lowered to $129 from $130 at UBS
- C.H. Robinson resumed with a Neutral at Baird
- C.H. Robinson upgraded to Outperform from Peer Perform at Wolfe Research
- C.H. Robinson price target raised to $120 from $115 at Susquehanna