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Fly News Breaks for April 29, 2015
CHRW
Apr 29, 2015 | 13:54 EDT
As previously reported, Avondale upgraded C.H. Robinson to Outperform from Market Perform. The firm views C.H. Robinson as a "safe haven" for investors who are concerned about the transition to a consumer-led economy from an industrial led economy. Avondale raised its FY15 EPS estimate to $3.45 from $3.26, established a 2016 EPS estimate of $3.85, versus consensus of $3.73, and assigned an $80 price target to shares.
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