C.H. Robinson price target raised to $90 from $85 at BMO Capital

BMO Capital raised the firm’s price target on C.H. Robinson to $90 from $85 and keeps a Market Perform rating on the shares. While the company’s Q2 EBIT was a miss as North American Surface Transportation segment weighted on results, the new leadership could help energize these efforts positioning the company to unlock operating leverage once the cycle turns, the analyst tells investors in a research note.