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.
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Read More on CHRW:
- C.H. Robinson price target raised to $155 from $126 at JPMorgan
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