UBS Upgrades C.H. Robinson Worldwide to Buy, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz has upgraded C.H. Robinson Worldwide (NASDAQ:CHRW) from Neutral to Buy and increased the price target from $100 to $140.
October 04, 2024 | 1:55 pm
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POSITIVE IMPACT
UBS has upgraded C.H. Robinson Worldwide to Buy and increased the price target to $140, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by UBS, along with a significant increase in the price target, suggests a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100