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Old Dominion price target raised to $149 from $147 at BofA

BofA raised the firm’s price target on Old Dominion (ODFL) to $149 from $147 and keeps a Neutral rating on the shares after the company’s mid-Q4 update showed revenues/day fell 4.4% year-over-year in November, which was better than the firm’ prior down 6.4% full Q4 estimate that has now been revised to down 5.4%. Following the update, the firm raised its Q4 and 2026 EPS estimates by 1% each.

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