C.H. Robinson price target raised to $160 from $125 at Susquehanna

Susquehanna analyst Bascome Majors raised the firm’s price target on C.H. Robinson (CHRW) to $160 from $125 and keeps a Positive rating on the shares as part of a Q3 earnings preview for the logistics and trucking group. The firm cut estimates across the sector, saying pricing and margin improvement “remain in the distance.” The Q3 supply chain “snap-back” was modest in truckload, the analyst tells investors in a research note.