Truist Securities Maintains Buy on C.H. Robinson Worldwide, Lowers Price Target to $200
Truist Securities analyst Lucas Servera maintains C.H. Robinson Worldwide (NASDAQ:CHRW) with a Buy and lowers the price target from $215 to $200.
Stocks · News reference
BMO Capital Maintains Market Perform on C.H. Robinson Worldwide, Lowers Price Target to $160
BMO Capital analyst Fadi Chamoun maintains C.H. Robinson Worldwide (NASDAQ:CHRW) with a Market Perform and lowers the price target from $190 to $160.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Why C.H. Robinson Stock Was Sliding Again Today
C.H. Robinson's stock fell 4.3% today following a 11% drop yesterday after announcing its acquisition of RXO for approximately $3 billion. Wall Street analysts Bank of America and Evercore lowered their price targets, citing concerns about capital dilution and deal timing, though both maintained buy-equivalent ratings. The company plans to suspend share buybacks and take on new debt to fund the acquisition, but expects the deal to be earnings accretive within nine months if it can achieve $300 million in synergies.
C.H. Robinson Worldwide shares are trading lower after Evercore ISI Group lowered its price target on the stock from $237 to $217.