Susquehanna Maintains Neutral on C.H. Robinson Worldwide, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a Neutral rating on C.H. Robinson Worldwide (NASDAQ:CHRW) and lowers the price target from $120 to $115.

November 01, 2024 | 3:09 pm
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NEGATIVE IMPACT
Susquehanna has maintained a Neutral rating on C.H. Robinson Worldwide and lowered the price target from $120 to $115, indicating a slightly less optimistic outlook.
The lowering of the price target from $120 to $115 by Susquehanna suggests a less optimistic view on C.H. Robinson's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100