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Fly News Breaks for January 8, 2016
CHRW
Jan 8, 2016 | 08:02 EDT
Bernstein says that C.H. Robinson has underperformed other defensive stocks, creating a "decent near-term trading opportunity." The firm thinks the company can beat near-term consensus estimates due to an improved outlook for its brokerage unit, and Bernstein thinks the company's risk/reward ration is above 2:1. Bernstein says the stock is "inexpensive," but it believes that the debate over the company's structural issues will linger and it keeps a Market Perform rating on the name.
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