BMO Capital Maintains Market Perform on C.H. Robinson Worldwide, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun has maintained a 'Market Perform' rating on C.H. Robinson Worldwide (CHRW) but lowered the price target from $90 to $85.
February 01, 2024 | 1:59 pm
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BMO Capital maintains a 'Market Perform' rating on C.H. Robinson Worldwide and lowers the price target from $90 to $85.
The reduction in price target by BMO Capital suggests a less optimistic outlook on CHRW's stock price in the short term, potentially due to expected challenges or slower growth. This could lead to negative sentiment among investors, likely causing a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100