CHRW Stock: $95 Price Target By Evercore

By Amit Chowdhry ● Sep 19, 2021
  • The shares of CH Robinson Worldwide Inc (NASDAQ: CHRW) have received a $95 price target from Evercore. These are the details.

The shares of CH Robinson Worldwide Inc (NASDAQ: CHRW) have received a $95 price target from Evercore. And Evercore analyst Charles Yukevich had initiated coverage of C.H. Robinson (CHRW) with an “In Line” rating. 

Yukevich updated the rating as part of his new coverage of the third-party logistics industry. And the year-to-date divergence in equity returns between C.H. Robinson and its peer Landstar System reflects the magnitude of the capacity constraints currently weighing on trucking, according to Yukevich.

Yukevich noted he will be starting on the sidelines on both company shares with a cautious view. But he cautioned about being noble going forward with catalyst-based tactical calls.

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