CHRW Stock: $94 Target (Up From $92) By Susquehanna

By Amit Chowdhry ● April 13, 2021
  • The shares of CH Robinson Worldwide Inc (NASDAQ: CHRW) have received a price target increase from $92 to $94 by Susquehanna. These are the details.

The shares of CH Robinson Worldwide Inc (NASDAQ: CHRW) – one of the world’s largest logistics platforms – have received a price target increase from $92 to $94 by Susquehanna. And Susquehanna analyst Bascome Majors is maintaining a “Hold” rating on CHRW shares. 

Susquehanna is not the only brokerage to recently offer a bullish take on CH Robinson recently. In late March, Vertical Research analyst Jeffrey Kauffman had reinstated coverage of CH Robinson with a “Hold” rating and $100 target. Kauffman noted that there are indications of a “more traditional freight cycle recovery.”

CH Robinson is going to issue its first quarter 2021 results via press release after the market closes on Tuesday, April 27, 2021. 

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.