Citi downgraded C.H. Robinson (CHRW) to Neutral from Buy with a price target of $148, up from $134. The firm cites valuation for the downgrade with the shares up 37% since July’s Q2 earnings report. Citi sees more limited upside from current share levels.
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 price target raised to $155 from $126 at JPMorgan
- C.H. Robinson downgraded to Neutral from Buy at Citi
- C.H. Robinson price target raised to $166 from $133 at UBS
- Nike upgraded, RH downgraded: Wall Street’s top analyst calls
- C.H. Robinson upgraded to Equal Weight from Underweight at Barclays