Jason Seidl, an analyst from TD Cowen, reiterated the Hold rating on CH Robinson. The associated price target was raised to $138.00.
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Jason Seidl has given his Hold rating due to a combination of factors including CH Robinson’s performance exceeding expectations in a challenging freight market. The company has shown improvements in operating margins and has made significant advancements in AI investments, which are expected to scale further by 2026.
Despite these positive developments, the market growth assumptions have been lowered, and there are uncertainties due to tariff headwinds and macroeconomic conditions. While CH Robinson’s initiatives and AI applications are promising, the lack of clear market growth and external pressures contribute to the Hold rating.
In another report released on October 28, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $136.00 price target.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CHRW in relation to earlier this year.