JPMorgan lowered the firm’s price target on Old Dominion (ODFL) to $142 from $144 and keeps a Neutral rating on the shares. The firm adjusted estimates in the less-than-truckload group to reflect the mid-Q4 updates. The analyst sees a “mixed picture” from the updates.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ODFL:
- Old Dominion price target raised to $149 from $147 at BofA
- Old Dominion Freight Line: Hold Rating Amid Mixed Performance Signals and Macroeconomic Challenges
- Old Dominion price target raised to $170 from $168 at Citi
- Old Dominion Freight Faces Market Share Loss and Economic Challenges: Hold Rating Affirmed
- Old Dominion Freight Reports Revenue Decline for November