Read How Analysts Reacted To CH Robinson Worldwide's Q4 Results

KeyBanc analyst Todd Fowler lowered CH Robinson Worldwide Inc's CHRW price target to $125 (an upside of 38%) from $135 and maintained an Overweight rating on the shares.
While gross profit margins lagged his expectations, the analyst continues to anticipate margin improvement throughout 2022 as contract rates reset.
Fowler is "encouraged" by net operating margin expansion commentary, implying faster adjusted gross profit growth, despite higher than expected operating expense guidance.
Related: CH Robinson Worldwide Stock Plunges After Q4 EPS Miss
Citi analyst Christian Wetherbee lowered the price target to $108 from $125 and kept a Buy rating on the shares.
There is no question that cost inflation is having a negative impact on the business, states Wetherbee.
Stifel analyst J. Bruce Chan upgraded C.H. Robinson Worldwide to Buy from Hold and raised the price target to $106 (an upside of 17%) from $102.
Morgan Stanley lowered the price target to $62 (a downside of 31%) from $65 and maintained an Underweight rating on the shares.
Yesterday, the company reported fourth quarter results, with EPS missing the consensus, while revenue exceeding estimates.
The company held $257.4 million in cash and equivalents as of December 31, 2021. Cash flow from operations decreased 81% to $95 million for FY21.
Price Action: CHRW shares are trading lower by 2.34% at $90.37 on the last check Thursday.

Analyst Calendar