Citi analyst Ariel Rosa raised the firm’s price target on Old Dominion (ODFL) to $196 from $185 and keeps a Buy rating on the shares. The firm sees balanced risk/rewards for transport stocks heading into the Q2 reports due macro uncertainty and a “still-soft” demand backdrop. Citi is “less enthusiastic” on the sector relative to three months ago due to the recent rally in the shares.
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Read More on ODFL:
- Old Dominion price target lowered to $146 from $158 at JPMorgan
- Hold Rating Reiterated for Old Dominion Freight Amid Adjusted EPS and Price Target
- Old Dominion resumed with a Neutral at Baird
- Old Dominion price target raised to $180 from $175 at Truist
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