C.H. Robinson shares are trading lower after Susquehanna downgraded the stock from Neutral to Negative and lowered its price target from $88 to $77.
Portfolio Pulse from Benzinga Newsdesk
C.H. Robinson's stock was downgraded from Neutral to Negative by Susquehanna, which also lowered its price target from $88 to $77. This has led to a decrease in the trading price of C.H. Robinson shares.
August 31, 2023 | 3:41 pm
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C.H. Robinson's stock was downgraded by Susquehanna, leading to a decrease in its trading price. The price target was also lowered from $88 to $77.
The downgrade of C.H. Robinson's stock from Neutral to Negative by Susquehanna indicates a negative outlook for the company. This, coupled with the lowering of the price target, has led to a decrease in the trading price of the company's shares. This is likely to have a negative impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100