C.H. Robinson upgraded to Overweight from Equal Weight at Wells Fargo

Wells Fargo upgraded C.H. Robinson (CHRW) to Overweight from Equal Weight with a price target of $130, up from $118. The firm sees a “unique opportunity” for the company to cofound earnings through 2027, driven by improved execution. This should lead to share gains and margin expansion, the analyst tells investors in a research note. It believes C.H. Robinson’s technology can provide positive drivers.