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Old Dominion price target lowered to $160 from $171 at BofA

BofA lowered the firm’s price target on Old Dominion (ODFL) to $160 from $171 and keeps a Neutral rating on the shares. Following the company’s Q2 report, the firm lowered its 2025 and 2026 EPS estimates 2% apiece to $5.00 and $5.70, respectively, as the sustained freight recession continues to pressure the near term outlook.

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