TD Cowen raised the firm’s price target on C.H. Robinson (CHRW) to $113 from $103 and keeps a Hold rating on the shares. The firm said revenue was in line though organic lighter, and margins below model for both the quarter and guide. Logistics improving as expected, but weakness elsewhere continues to mute overall growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHRW: