BUZZ-CH Robinson rises after Citigroup upgrades to 'buy'

Reuters11-12

** Shares of freight forwarder C.H. Robinson up 3% to $112 premarket after Citigroup raises its rating to "buy" from "neutral"

** Says CHRW demonstrated strong efficiency improvement in the recent quarter which could drive accelerated earnings growth

** Brokerage also raises CHRW's target price to $125 from $117, a 14.64% upside to stock's last close

** Up to last close, stock up 26% YTD

(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))

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