Benchmark raises PT on C.H. Robinson Worldwide, maintains 'buy' rating

CH Robinson Worldwide

17/12/2024 18:28

** Benchmark raises target price on logistics company C.H.
Robinson Worldwide's  CHRW.O  stock to $125 from $122; maintains
"buy" rating
    ** Benchmark says CHRW plans to achieve operating income of
between $903 million and $1.003 billion for 2026, up 30% from
the brokerage's 2024 estimate
    ** New PT represents a 13.5% upside to the stock's last
close
    ** 8 of 26 brokerages rate the stock "buy" or "higher", 16
"hold" and two "sell"; with a median PT of $118, according to
data compiled by LSEG
    ** Including session's move, shares up ~27% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.Chaudhary@thomsonreuters.com))