C.H. Robinson Worldwide (CHRW) is set to benefit from a "powerful" setup for 2027, UBS Securities said in a report Friday.
UBS analysts said they expect the implementation of agentic AI to drive labor productivity gains in the second-half of 2026, with momentum to carry into 2027.
"A significant cyclical lift in truckload volume and pricing also appear likely in 2027," the analysts said.
They raised 2027 EPS forecast to $8.00 from $6.80 to reflect a strong upcycle in truckload pricing, gross profit growth in North American Surface Transportation and a lift to labor productivity.
UBS raised its price target to $224 from $177 while reiterating its buy rating on the stock.
Price: 178.54, Change: +0.64, Percent Change: +0.36