Truist analyst Lucas Servera raised the firm’s price target on Old Dominion (ODFL) to $185 from $170 and keeps a Buy rating on the shares as part of a broader research note previewing Q4 earnings in Freight & Logistics. Q4 results will likely remain pressured amid weak industrial production, but improving truckload metrics, ongoing capacity exit, and constructive peak season execution point to a strengthening exit-rate from 2025 and into 2026, the analyst tells investors in a research note. Near term broker margins may face pressure from rising spot rates, but peak season volume appears inline with seasonality while the sales mix may benefit airfreight and parcel margins, the firm added.
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