Stephens & Co. Maintains Overweight on Old Dominion Freight, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. has maintained its 'Overweight' rating on Old Dominion Freight Line and raised its price target to $150, indicating confidence in the company's future performance.
April 24, 2020 | 5:49 pm
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Stephens & Co. has reaffirmed its 'Overweight' rating on Old Dominion Freight Line and increased the price target to $150, suggesting a positive outlook for the company's stock.
The reaffirmation of the 'Overweight' rating and the increase in the price target by Stephens & Co. indicates a strong positive sentiment towards Old Dominion Freight Line's future performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100