UBS Downgrades C.H. Robinson Worldwide (CHRW) to Sell

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BofA Securities Downgrades C.H. Robinson Worldwide (CHRW) to Neutral

January 4, 2023 6:05 AM EST

BofA Securities analyst Ken Hoexter downgraded C.H. Robinson Worldwide (NASDAQ: CHRW) from Buy to Neutral with a price target of $95.00.


For an analyst ratings summary and ratings history on C.H. Robinson Worldwide... More

C.H. Robinson Worldwide (CHRW) PT Lowered to $93 at Credit Suisse

January 3, 2023 4:01 PM EST

Credit Suisse analyst Ariel Rosa lowered the price target on C.H. Robinson Worldwide (NASDAQ: CHRW) to $93.00 (from $97.00) while maintaining a Underperform rating.... More

C. H. Robinson Worldwide (CHRW) call put ratio 30 calls to 1 put with focus on February 110 calls

January 3, 2023 11:12 AM EST

C. H. Robinson Worldwide (NASDAQ: CHRW) 30-day option implied volatility is at 33; compared to its 52-week range of 24 to 80 after CEO Bob Biesterfeld steps down, Scott Anderson named interim CEO. Call put ratio 30 calls to 1 put with focus on February 110 calls.

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Citi 'Surprised' by C.H. Robinson Worldwide (CHRW) CEO Termination, Says to Expect Challenging Near-Term Results

January 3, 2023 10:54 AM EST

Citi analyst Christian Wetherbee reiterated a Neutral rating and $94.00 price target on C.H. Robinson Worldwide (NASDAQ: CHRW).

The analyst comments "We were surprised by CEO Bob Biesterfelds termination. We expect challenging near-term results due to sharp weakness in forwarding rates and a... More

C. H. Robinson Worldwide (CHRW) announces Bob Biesterfeld has stepped down as President and Chief Executive Officer

January 3, 2023 8:02 AM EST

C.H. Robinson Worldwide, Inc. (C.H. Robinson) (Nasdaq: CHRW) announced today that Scott Anderson, Chair of the Board of Directors has been appointed Interim Chief Executive Officer, effective January 1, 2023. Bob Biesterfeld has stepped down as President and Chief Executive Officer and as a member of the Board, effective December 31, 2022.

The Board has commenced a search for a new permanent CEO and has retained Russell Reynolds, a leading national executive search firm, to assist in the process of identifying internal and external candidates. With Mr. Andersons appointment as interim CEO, Jodee... More