Goldman Sachs analyst Jordan Alliger downgraded C.H. Robinson Worldwide to Sell from Neutral with a price target of $69, down from $88. With macro and competitive headwinds in the truck brokerage space, the analyst sees more relative upside in other transports at this time. The fundamental environment for truck brokerage remains quite challenged with soft spot volumes and increased market competitiveness, Alliger tells investors in a research note. Further, the greater beneficiaries of a rebound in spot prices and volumes would be the more asset-intensive transports, not C.H. Robinson, the analyst adds.