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Investing.com - TD Cowen raised its price target on C.H. Robinson Worldwide (NASDAQ:CHRW) to $138.00 from $115.00 on Thursday, while maintaining a Hold rating on the logistics company’s shares. The new target represents modest upside from C.H. Robinson’s current trading price of $129.38, with the stock having already delivered an impressive 46.67% return over the past six months according to InvestingPro data.
The firm noted that C.H. Robinson exceeded both TD Cowen’s forecast and consensus expectations in its latest financial results, with the company’s North American Surface Transportation (NAST) segment growing volumes despite operating in a weak freight market.
TD Cowen highlighted that NAST improved its operating margins sequentially, approaching its previous long-term target even during trough truckload conditions.
The research firm identified C.H. Robinson as the first company in its coverage universe showing material leverage in artificial intelligence investments, an advantage that TD Cowen expects will continue to scale into 2026.
Despite the significant price target increase of $23, TD Cowen maintained its Hold rating on C.H. Robinson shares, suggesting a neutral stance on the stock’s current valuation relative to its growth prospects.
In other recent news, C.H. Robinson Worldwide reported its third-quarter earnings for 2025, with earnings per share (EPS) of $1.40, surpassing the forecasted $1.30. However, the company’s revenue of $4.1 billion fell short of the anticipated $4.23 billion. UBS responded to these results by raising its price target for C.H. Robinson to $177, maintaining a Buy rating due to the strong performance in the North American Surface Transportation and Forwarding segments. Raymond James also increased its price target to $161, highlighting the company’s operational transformation through lean and AI initiatives since the new CEO’s tenure began in June 2023. BMO Capital raised its price target to $140, noting a shift in SG&A costs that contributed to better-than-expected third-quarter results, although their full-year 2025 estimate remains largely unchanged. These developments reflect a mixed response to the company’s financial performance and strategic changes.
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