Evercore ISI removed C.H. Robinson (CHRW) from the firm’s “Tactical Outperform” list as it contends that the “gift catalyst” from the February/March selloff is now overshadowed by Q1 uncertainty. While the long-term view remains unchanged, “near-term conviction is dialed back ahead of earnings,” says the analyst, who has an Outperform rating and $205 price target on C.H. Robinson shares.
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Read More on CHRW:
- C.H. Robinson price target lowered to $181 from $206 at Wolfe Research
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- C.H. Robinson price target lowered to $205 from $219 at Evercore ISI
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