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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Read More on ODFL:
- Old Dominion price target lowered to $150 from $160 at Wells Fargo
- Cautious Outlook for Old Dominion Freight Line Amidst Freight Sector Challenges
- Old Dominion price target lowered to $170 from $185 at Barclays
- Old Dominion Freight Line Reports Q1 2025 Earnings
- Old Dominion Freight Line’s Resilient Earnings Call Analysis
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