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C.H. Robinson price target raised to $133 from $129 at UBS

UBS raised the firm’s price target on C.H. Robinson (CHRW) to $133 from $129 and keeps a Buy rating on the shares. The company’s Q2 upside was driven by cost control and strong gross margins, the analyst tells investors in a research note. The firm says C.H. Robinson’s continued progress increases visibility on it achieving its targets.

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