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Investing.com - Baird upgraded C.H. Robinson Worldwide (NASDAQ:CHRW), a prominent player in the Air Freight & Logistics industry with a market capitalization of $13.36 billion, from Neutral to Outperform on Thursday, while raising its price target to $135.00 from $105.00.
The upgrade follows what Baird described as an "impressive" second-quarter earnings report for 2025, which demonstrated significant progress in the company’s cost reduction and operational efficiency initiatives.
Baird highlighted that C.H. Robinson’s management efforts to reduce costs and increase operating efficiencies through automation appear to be "progressing rapidly," according to the research note.
The firm believes these improvements place C.H. Robinson in a "unique position" to accelerate market share gains and grow earnings in the logistics and transportation sector.
The new $135.00 price target represents a substantial 28.6% increase from Baird’s previous target of $105.00, reflecting heightened confidence in the company’s operational strategy and financial outlook.
In other recent news, C.H. Robinson Worldwide Inc. reported its financial results for the second quarter of 2025, revealing an earnings per share (EPS) of $1.29, which surpassed the analyst forecast of $1.16. However, the company’s revenue was $4.14 billion, slightly below the anticipated $4.17 billion. Despite the revenue miss, the company demonstrated strong performance in its Forwarding segment and achieved efficiency gains across its operations. Following these results, BMO Capital adjusted its price target for C.H. Robinson’s stock, raising it from $105.00 to $110.00 while maintaining a Market Perform rating. These recent developments indicate that C.H. Robinson’s performance has been robust, although the revenue did not meet expectations.
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