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flag Citigroup cut CHRW's price target but kept a "buy" rating despite recent insider sales.

flag Citigroup lowered its price target for transportation company C.H. flag Robinson Worldwide (CHRW) from $124 to $116, though it still maintains a "buy" rating on the stock. flag CHRW recently reported earnings of $1.21 per share, beating estimates. flag Despite the positive earnings, some insiders have sold shares recently. flag The stock has a market cap of $10.87 billion and a PE ratio of 23.88.

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