TD Cowen Gives a Hold Rating to CH Robinson (CHRW)

In a report released yesterday, Jason Seidl from TD Cowen assigned a Hold rating to CH Robinson, with a price target of $194.00.

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Seidl covers the Industrials sector, focusing on stocks such as CSX, Hub Group, and RXO, Inc.. According to TipRanks, Seidl has an average return of 22.6% and a 68.74% success rate on recommended stocks.

In addition to TD Cowen, CH Robinson also received a Hold from TipRanks – OpenAI’s OpenAI Integrated Freight and Logistics in a report issued yesterday. However, on the same day, TipRanks – Google reiterated a Buy rating on CH Robinson (NASDAQ: CHRW).

Based on CH Robinson’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.91 billion and a net profit of $136.32 million. In comparison, last year the company earned a revenue of $4.18 billion and had a net profit of $149.31 million

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CHRW in relation to earlier this year.