Wells Fargo analyst Allison Poliniak-Cusic upgraded Old Dominion Freight Line Inc (NASDAQ:ODFL) to Overweight from Equal Weight and increased the price target to…
Wells Fargo analyst Allison Poliniak upgrades Old Dominion Freight Line (NASDAQ:ODFL) from Equal-Weight to Overweight and raises the price target from $280 to $300.
Citigroup has decided to maintain its Neutral rating of Old Dominion Freight Line (NASDAQ:ODFL) and lower its price target from $295.00 to $265.00.
Shares of Old Dominion Freight Line are trading up 1.76% over the last 24 hours, at $240.63 per share.
U.S. indices traded sharply lower Wednesday following worse-than-expected retail earnings this week. Anticipation of further Fed policy tightening has continued to weigh on stocks across sectors.
If history is any guide, there may be trouble ahead for shares of Old Dominion Freight Line (NASDAQ:ODFL). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Morgan Stanley analyst Ravi Shanker maintains Old Dominion Freight Line (NASDAQ:ODFL) with a Equal-Weight and raises the price target from $335 to $337.