Barclays raised the firm’s price target on C.H. Robinson (CHRW) to $145 from $130 and keeps an Equal Weight rating on the shares post the Q3 report. The firm says the company continues to leverage artificial intelligence to drive meaningful efficiency and earnings gains. The shares are attractive “in an otherwise lackluster transport sector,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHRW:
- C.H. Robinson’s Resilient Q3 Earnings Amid Freight Challenges
- C.H. Robinson price target raised to $165 from $150 at Truist
- Early notable gainers among liquid option names on October 30th
- Meta downgraded, Coinbase upgraded: Wall Street’s top analyst calls
- C.H. Robinson price target raised to $177 from $166 at UBS
