Benchmark Maintains Buy on C.H. Robinson Worldwide, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Christopher Kuhn maintains a Buy rating on C.H. Robinson Worldwide (NASDAQ:CHRW) but lowers the price target from $108 to $100.
September 13, 2023 | 12:10 pm
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NEUTRAL IMPACT
C.H. Robinson Worldwide's price target has been lowered from $108 to $100 by Benchmark, though the Buy rating is maintained.
The news is directly about C.H. Robinson Worldwide and is likely to influence investor sentiment. The lowering of the price target might suggest a potential downside, but the maintained Buy rating indicates continued confidence in the company's prospects. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100