Citigroup Maintains Neutral on C.H. Robinson Worldwide, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christian Wetherbee maintains a Neutral rating on C.H. Robinson Worldwide (NASDAQ:CHRW) and raises the price target from $94 to $98.
August 04, 2023 | 1:04 pm
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Citigroup maintains a Neutral rating on C.H. Robinson Worldwide and raises the price target from $94 to $98.
The news is directly related to C.H. Robinson Worldwide. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at its current price. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100