Barclays raised the firm’s price target on C.H. Robinson (CHRW) to $210 from $200 and keeps an Overweight rating on the shares post the Q1 report. Despite concerns of a squeeze in the company’s core brokerage margins given recently higher spot rates, its efficiency initiatives leveraging AI capabilities more than offset this, the analyst tells investors in a research note.
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Read More on CHRW:
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- C.H. Robinson price target lowered to $215 from $220 at Susquehanna
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