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C.H. Robinson Worldwide (CHRW) Stock Gets 'Underweight' Rating at JPMorgan

NEW YORK (TheStreet) -- C. H. Robinson Worldwide (CHRW) stock was initiated with an "underweight" rating at JPMorgan and a $66 price target on Monday.

"CHRW faces a challenging road ahead after the end of what we see as a once-in-a-decade combination of margin expansion and truckload (TL) market share gains," the firm wrote in an analyst note.

The Eden Prairie, MN-based company provides freight transportation services and logistics solutions to a variety of companies.

C.H. Robinson's margins are expected to decrease based on research that shows "stock performance twelve months after a peak was negative twice as often as it was...


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