Barclays Downgrades C.H. Robinson Worldwide to Equal-Weight, Announces $108 Price Target
Barclays analyst Brandon Oglenski downgrades C.H. Robinson Worldwide (NASDAQ:CHRW) from Overweight to Equal-Weight and announces $108 price target.
Why BofA Upgrades CH Robinson Worldwide
Brokerage carriers such as CH Robinson Worldwide Inc (NASDAQ: CHRW) are poised to benefit from continued strength in contract rates in the first half of 2022 and the subsequent “roll over as fluidity improves in the supply chain,” according to BofA Securities.
Wolfe Research Downgrades Trucking Sector To Underweight; Adjusts Ratings For Related Stocks
Wolfe Research analyst Scott Group downgraded the trucking sector to Underweight from Market Weight and adjusted the ratings for several related stocks.
Group says while supply chains remain under "significant stress with few signs of improvement," inventory levels are finally starting to improve.
Wolfe Research Upgrades C.H. Robinson Worldwide to Outperform, Announces $124 Price Target
Wolfe Research analyst Scott Group upgrades C.H. Robinson Worldwide (NASDAQ:CHRW) from Peer Perform to Outperform and announces $124 price target.
This Favorable Sign Appears On C.H. Robinson Worldwide’s Chart
If history is any guide, there may be good fortune ahead for shares of C.H. Robinson Worldwide (NASDAQ:CHRW). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
BMO Capital Maintains Market Perform on C.H. Robinson Worldwide, Raises Price Target to $105
BMO Capital analyst Fadi Chamoun maintains C.H. Robinson Worldwide (NASDAQ:CHRW) with a Market Perform and raises the price target from $100 to $105.
C.H. Robinson Worldwide Q3 EPS $1.85 Beats $1.42 Estimate, Sales $6.30B Beat $5.43B Estimate
C.H. Robinson Worldwide (NASDAQ:CHRW) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.42 by 30.28 percent. This is a 85 percent increase over earnings of $1.00 per share
Earnings Scheduled For October 26, 2021
Companies Reporting Before The Bell
• Veoneer (NYSE:VNE) is likely to report quarterly loss at $0.83 per share on revenue of $408.69 million.