Susquehanna Maintains Negative on C.H. Robinson Worldwide, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a negative outlook on C.H. Robinson Worldwide (NASDAQ:CHRW), but raises the price target from $70 to $72.
November 02, 2023 | 8:42 pm
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NEUTRAL IMPACT
Despite a negative outlook from Susquehanna, the price target for C.H. Robinson Worldwide has been raised from $70 to $72.
The negative outlook from Susquehanna indicates a potential downside for CHRW. However, the raised price target suggests that the analyst sees some potential for the stock's price to increase, which could offset the negative outlook to some extent. This creates a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100