Truist raised the firm’s price target on C.H. Robinson (CHRW) to $210 from $190 and keeps a Buy rating on the shares. The company continues to execute through a weak freight environment, delivering its 11th consecutive quarter of share gains while expanding margins in North American Surface Transportation segment despite late-quarter spot rate pressure, the analyst tells investors in a research note.
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Read More on CHRW:
- C.H. Robinson price target raised to $200 from $180 at Deutsche Bank
- C.H. Robinson price target raised to $225 from $188 at BofA
- C.H. Robinson price target raised to $202 from $184 at Stifel
- C.H. Robinson price target raised to $219 from $196 at Evercore ISI
- C.H. Robinson price target raised to $203 from $175 at Baird
