Goldman Sachs Maintains Neutral on C.H. Robinson Worldwide, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has maintained a Neutral rating on C.H. Robinson Worldwide but raised its price target from $97 to $107.
November 01, 2024 | 5:04 pm
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Goldman Sachs has maintained a Neutral rating on C.H. Robinson Worldwide, indicating no strong buy or sell recommendation. However, the price target has been increased from $97 to $107, suggesting a potential upside.
The increase in price target from $97 to $107 by Goldman Sachs suggests a positive outlook on C.H. Robinson's future performance, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may perceive the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100