Evercore ISI analyst Jonathan Chappell lowered the firm’s price target on C.H. Robinson (CHRW) to $205 from $219 and keeps an Outperform rating on the shares. Recent data points, both macro and sector-specific, confirm the end of the prolonged downturn and provide optimism about a meaningful EPS recovery, the analyst added in a note on the transports group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHRW:
