Barclays analyst Brandon Oglenski lowered the firm’s price target on Old Dominion (ODFL) to $150 from $155 and keeps an Equal Weight rating on the shares. The firm trimmed estimates for the transports group into the Q3 reports citing “weak” industrial growth and continued oversupply.
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Read More on ODFL:
- Old Dominion price target lowered to $143 from $155 at Evercore ISI
- Old Dominion price target lowered to $173 from $174 at Citi
- Old Dominion Freight Line: Hold Rating Amid Strong Pricing and Weak Volume
- Old Dominion Freight Reports August Revenue Decline
- Old Dominion reports revenue per day decreased by 4.8% in August
