C.H. Robinson Worldwide (CHRW) PT Raised to $215 at Raymond James

Raymond James analyst Patrick Brown raised the price target on C.H. Robinson Worldwide (NASDAQ: CHRW) to $215.00 (from $185.00) while maintaining a Outperform rating.

The analyst comments "We maintain our Outperform rating on C.H. Robinson (CHRW) given our view that meaningful operational transformation (lean and AI initiatives) is underway at the company post the hiring of CEO Bozeman (June 2023), ultimately bringing life to operating margins that have been on the decline for years. Industry tailwinds also favor CHRW through continued broker penetration and a consolidating freight brokerage industry, supporting its position as the largest domestic freight broker. While its Forwarding business (28% of gross profit in 2024) faces structural headwinds from an oversupplied ocean market, we believe this is well-understood by the market. All in, with shares trading at ~25x our 2027E EPS, we see a compelling risk/reward setup."

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