BMO Capital lowered the firm’s price target on Old Dominion (ODFL) to $175 from $186 and keeps a Market Perform rating on the shares. The company’s Q1 earnings topped estimates, but its near-term outlook remains challenged including guidance for softer than typical second quarter sequential performance amid demand headwinds, the analyst tells investors in a research note.
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Read More on ODFL:
- Old Dominion price target lowered to $169 from $171 at Susquehanna
- Old Dominion price target lowered to $185 from $190 at Raymond James
- Old Dominion price target lowered to $175 from $188 at Stifel
- Old Dominion price target lowered to $180 from $200 at Stephens
- Old Dominion price target lowered to $167 from $184 at BofA
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