C.H. Robinson Navigates Turbulent Freight Environment: Analyst Slashes Price Target On Delayed Recovery Predictions

Wednesday, 13 September 2023, 19:38:55
Benchmark analyst Christopher Kuhn reiterated a Buy rating on C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW ), lowering the price target to $100 from $108 given a recovery in the freight market will likely be pushed out to 2024. The analyst cautioned that CHRW is operating in a very challenging freight environment, which will likely delay the company”s margin improvement goals after volume demand returns. Continued low load-to-truck ratios, low routing guide depth, and a continued push out of a recovery in CHRW forecasted van cost per mile would limit opportunities for price increases in the short term, Kuhn adds. Also Read: Freight Recession: … Full story available on Benzinga.com
— Benzinga

C.H. Robinson: Navigating Challenges And Opportunities

Thursday, 7 September 2023, 03:14:34
C.H. Robinson”s weakened earnings outlook can be primarily attributed to the challenging conditions in global freight markets. Read why CHRW stock is a Buy.
— Seeking Alpha

Salesforce To Rally Around 25%? Here Are 10 Other Analyst Forecasts For Thursday

Thursday, 31 August 2023, 13:37:48
Needham raised the price target for CrowdStrike Holdings, Inc. (NASDAQ: CRWD ) from $170 to $200. Needham analyst Alex Henderson maintained a Buy rating. CrowdStrike shares rose 1.7% to close at $149.18 on Wednesday. Susquehanna cut C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW ) price target from $88 to $77. Susquehanna analyst Bascome Majors downgraded the stock from Neutral to Negative. C.H. Robinson shares rose 0.3% to close at $94.63 on Wednesday. Evercore ISI Group boosted the price target for Okta, Inc. (NASDAQ: OKTA ) from $65 to $75. Evercore ISI Group analyst Peter Levine upgraded the stock from Underperform to In-Line. Okta shares rose 2.4% to close at $73.57 on Wednesday. Canaccord Genuity increased the price target for Shopify Inc. (NYSE: SHOP ) from $60 to … Full story available on Benzinga.com
— Benzinga

Loop Capital maintains CH Robinson at ”hold” with a price target of $102.00

Friday, 18 August 2023, 11:16:38
https://www.investing.com/news/pro/c-h-robinson-worldwide-inc-receives-investment-bank-analyst-rating-update-3157126
— Investing.com

Evercore ISI maintains CH Robinson at ”in line” with a price target of $95.00

Thursday, 3 August 2023, 12:03:41
https://www.investing.com/news/pro/c-h-robinson-worldwide-inc-receives-investment-bank-analyst-rating-update-3143071
— Investing.com