Susquehanna analyst Bascome Majors raised the firm’s price target on C.H. Robinson to $86 from $83 and keeps a Neutral rating on the shares. The analyst raised our sub-consensus 2023E slightly but sees shares as flat-to-down near term as it faces extreme cyclical pressure while in CEO limbo.
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Published first on TheFly
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Read More on CHRW:
- C.H. Robinson price target raised to $95 from $86 at Wells Fargo
- C.H. Robinson price target lowered to $92 from $110 at Bernstein
- C.H. Robinson sees 2023 capital expenditures $90M-$100M
- C.H. Robinson reports Q4 adjusted EPS $1.03, consensus $1.38
- CH Robinson Worldwide options imply 6.1% move in share price post-earnings