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Fly News Breaks for October 17, 2018
CHRW
Oct 17, 2018 | 16:17 EDT
Loop Capital analyst Jeffrey Kauffman started C.H. Robinson Worldwide with a Buy rating and $107 price target. The company possesses a "significant" scale advantage in the domestic freight brokerage space, nearly three times the size of its closest competitor, Kauffman tells investors in a research note. The analyst thinks C.H. is at the "head of the class" in a marketplace with consistent growth characteristics. He believes the recent selloff in the shares provides an attractive entry point.
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