C.H. Robinson Worldwide falls after Citi downgrades to 'neutral'

** Citi downgrades C.H. Robinson Worldwide CHRW.O to "neutral" from "buy", lifts PT to $148 from $134

** New PT represents a 10.6% upside on stock's last close

** Shares of logistics company C.H. Robinson Worldwide fall nearly 0.5% to $133.1

** Says with CHRW trading above the high-end of its historical valuation range, it sees limited room for multiple expansion driving share price upside

** Brokerage says that despite co's successful implementation of AI tech to drive efficiency, it is important for investors to consider the extent to which competing brokers could similarly adopt AI tools

** TD Cowen cuts co's PT to $115 from $116, J.P.Morgan lifts PT to $155 from $126

** 15 of 27 brokerages rate the stock "buy" or higher, nine "hold" and three "sell"; their median PT is $132 - according to data compiled by LSEG

** Including session moves, shares up about 28.7% YTD