Citi lowered the firm’s price target on C.H. Robinson (CHRW) to $124 from $130 and keeps a Buy rating on the shares. The company reported a Q4 beat on solid productivity execution despite growing revenue headwinds, the analyst tells investors in a research note. The firm expects both trends to continue.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHRW:
- Zillow initiated, Electronic Arts upgraded: Wall Street’s top analyst calls
- C.H. Robinson upgraded to Buy from Hold at Stifel
- C.H. Robinson’s Earnings Call: Financial Gains Amid Market Challenges
- C.H. Robinson price target lowered to $118 from $119 at TD Cowen
- C.H. Robinson price target lowered to $122 from $130 at BofA