BofA raised the firm’s price target on C.H. Robinson (CHRW) to $182 from $167 and keeps a Buy rating on the shares. The firm, which sees an improving outlook despite an end of quarter spike in spot rates given continued cost controls, increased its Q4 EPS estimate to $1.14, which it notes is just above the Street’s $1.13 forecast.
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Read More on CHRW:
- C.H. Robinson price target raised to $184 from $155 at Stifel
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