Loop Capital Maintains Buy on C.H. Robinson Worldwide, Lowers Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Rick Paterson maintains a 'Buy' rating on C.H. Robinson Worldwide (NASDAQ:CHRW) but lowers the price target from $105 to $102.

August 18, 2023 | 10:55 am
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NEUTRAL IMPACT
C.H. Robinson Worldwide's price target has been lowered from $105 to $102 by Loop Capital, though the 'Buy' rating is maintained.
The news is directly about C.H. Robinson Worldwide. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained 'Buy' rating suggests that the analyst still sees potential for the stock's price to increase. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100