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Fly News Breaks for September 5, 2017
CHRW
Sep 5, 2017 | 05:50 EDT
UBS analyst Thomas Wadewitz upgraded C.H. Robinson Worldwide to Neutral and raised his price target for the shares to $75 from $65. Evidence is building for stronger truckload contract rates and a more favorable environment for truck brokers in 2018, Wadewitz tells investors in a research note. The analyst believes upside and downside are now "roughly balanced" for shares of C.H. Robinson.
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