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Fly News Breaks for September 30, 2015
CHRW
Sep 30, 2015 | 07:33 EDT
Goldman downgraded C.H. Robinson to Sell with a $70 price target on shares. Analyst Tom Kim expects shares to lag as investors likely rotate out of truck brokers and into other Transports, such as Rails and Logistics. Kim expects brokers to face margin pressure with softening prices and views C.H. Robinson shares as fully valued.
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