By: Benzinga
UPDATE: Jefferies Lowers PT on C.H. Robinson Worldwide on Missed 4Q Consensus
In a report published Wednesday, Jefferies reiterated its Hold rating on C.H. Robinson Worldwide (NASDAQ: CHRW ), but lowered its price target from $66.00 to $61.00. Jefferies noted, “CHRW's 4Q report missed consensus by $0.02 on lower-than-expected yields and margins. As outlined in our January 3 sector preview, 4Q was
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