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Analysts Offer Insights on Industrial Goods Companies: CH Robinson (CHRW) and 3M (MMM)

Tipranks - Tue Jun 16, 4:44AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on CH Robinson (CHRW) and 3M (MMM).

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CH Robinson (CHRW)

Citi analyst Ariel Rosa downgraded CH Robinson to Hold today. The company’s shares closed last Friday at $193.74.

According to TipRanks.com, Rosa is a top 100 analyst with an average return of 22.5% and a 77.8% success rate. Rosa covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Knight Transportation. ;'>

CH Robinson has an analyst consensus of Moderate Buy, with a price target consensus of $201.00, representing a 3.4% upside. In a report issued on June 7, TipRanks – DeepSeek also downgraded the stock to Hold with a $192.00 price target.

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3M (MMM)

In a report released today, Joe Ritchie from Goldman Sachs initiated coverage with a Buy rating on 3M and a price target of $190.00. The company’s shares closed last Friday at $158.32.

According to TipRanks.com, Ritchie is a 5-star analyst with an average return of 14.9% and a 62.0% success rate. Ritchie covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, EquipmentShare.com, Inc., and Honeywell International. ;'>

Currently, the analyst consensus on 3M is a Hold with an average price target of $171.14, implying a 7.0% upside from current levels. In a report issued on June 1, Bank of America Securities also maintained a Buy rating on the stock with a $200.00 price target.

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