BUZZ — BMO cuts C.H. Robinson PT, stays cautious on RXO deal

* BMO cuts price target on freight forwarding firm C.H. Robinson Worldwide to $160 from $190, reiterates "marketperform" rating * New PT still represents an 11.3% premium to stock's last close * Brokerage says CHRW's acquisition of RXO is "strategically compelling and financially credible," helping the company expand its freight brokerage business * However, it cautions that value creation will depend on retaining RXO's shipment volumes, achieving productivity gains, and managing integration and brokerage-liability risks * Median PT of 24 brokerages covering the stock is $200 — data compiled by LSEG * As of last close stock down ~11% YTD (Reporting by Megavarshini G. Somasundaram in Bengaluru) ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com)