The Latest Breaking News from CH Robinson Worldwide

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U.S. stock futures traded higher this morning after recording gains in the previous session. Investors, meanwhile, focused on some notable insider trades.

 

Upgrades

US stock futures traded higher this morning on Friday after recording sharp losses in the previous session. Investors, meanwhile, focused on some notable insider trades.

Within the last quarter, C.H. Robinson Worldwide (NASDAQ:CHRW) has observed the following analyst ratings:

KeyBanc analyst Todd Fowler lowered CH Robinson Worldwide Inc's (NASDAQ:CHRW) price target to $125 (an upside of 38%) from $135 and maintained an Overweight rating on the shares. While gross profit margins lagged his expectations, the analyst continues to anticipate margin improvement throughout 2022 as contract rates reset. Fowler is "encouraged" by net operating margin…

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.