Wells Fargo upgraded C.H. Robinson (CHRW) to Overweight from Equal Weight with a price target of $130, up from $118. The firm sees a “unique opportunity” for the company to cofound earnings through 2027, driven by improved execution. This should lead to share gains and margin expansion, the analyst tells investors in a research note. It believes C.H. Robinson’s technology can provide positive drivers.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CHRW:
- C.H. Robinson unveils C.H. Robinson Managed Solutions
- C.H. Robinson price target raised to $95 from $85 at Barclays
- C.H. Robinson upgraded to Buy from Neutral at Citi
- C.H. Robinson price target raised to $115 from $92 at BMO Capital
- C.H. Robinson price target raised to $113 from $103 at TD Cowen
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
