BMO Capital Maintains Market Perform on C.H. Robinson Worldwide, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun maintains a Market Perform rating on C.H. Robinson Worldwide (CHRW) and raises the price target from $80 to $85.

May 03, 2024 | 3:25 pm
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BMO Capital analyst Fadi Chamoun maintains a Market Perform rating on C.H. Robinson Worldwide and raises the price target from $80 to $85.
The increase in the price target from $80 to $85 by BMO Capital indicates a positive outlook on CHRW's stock performance in the short term. This adjustment suggests that the analyst sees potential for growth or improvement in the company's stock price, likely due to favorable market conditions, company performance, or industry trends. Investors may view this as a bullish signal, potentially leading to increased interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100