Old Dominion Freight Line (ODFL) PT Raised to $170 at Morgan Stanley
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Price: $217.58 --0%
Rating Summary:
11 Buy, 16 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 6 | New: 22
Rating Summary:
11 Buy, 16 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 6 | New: 22
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Morgan Stanley analyst Ravi Shanker raised the price target on Old Dominion Freight Line (NASDAQ: ODFL) to $170.00 (from $165.00) while maintaining a Equalweight rating.
The analyst comments "ODFL’s 4Q was mostly in-line but 1Q was an upside surprise, which drove short covering in the stock. We continue to see risk reward as balanced here with cautious investor positioning and valuation vs history mid-pack vs. peers."
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