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Old Dominion price target lowered to $167 from $184 at BofA

BofA lowered the firm’s price target on Old Dominion (ODFL) to $167 from $184 and keeps a Neutral rating on the shares. The firm lowered its 2025 and 2026 EPS estimates 6% and 5% to $5.20 and $6.00, respectively, and lowered its target given multiple resets on extended freight recession concerns.

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