JPMorgan raised the firm’s price target on C.H. Robinson (CHRW) to $166 from $155 and keeps an Overweight rating on the shares post the earnings report. The company raised its 2026 operating income target despite a modestly worse market outlook next year, the analyst tells investors in a research note. JPMorgan reiterates C.H. Robinson as one of its top pick, saying the company’s strategic initiatives position it as one of the more defensive operating models in the current backdrop.
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Read More on CHRW:
- CH Robinson: Balanced Risk and Reward Amid Short-Term Uncertainties and Long-Term Productivity Gains
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