TD Cowen has raised its price target for C.H. Robinson (CHRW) from $165 to $194 while keeping a Hold rating on the stock. The firm highlighted that C.H. Robinson exceeded consensus expectations in the fourth quarter and achieved year-over-year adjusted gross profit margin growth in North America Surface Transportation (NAST), despite a difficult spot market environment.
The analyst noted the company’s ability to expand margins amid challenging conditions as a key factor in the revised price target.
**Why this matters**
The price target increase reflects confidence in C.H. Robinson’s operational resilience and margin management. However, the Hold rating suggests that while the stock shows strength, it may not offer significant upside relative to its current valuation. Investors should consider these factors when evaluating the stock’s near-term potential.
Source: News Source