B of A Securities Upgrades Old Dominion Freight Line to Buy, Raises Price Target to $391
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter has upgraded Old Dominion Freight Line (NASDAQ:ODFL) from Neutral to Buy and raised the price target from $331 to $391.
June 28, 2023 | 9:20 am
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Old Dominion Freight Line has been upgraded from Neutral to Buy by B of A Securities, with a raised price target of $391.
The upgrade from Neutral to Buy indicates a positive outlook for Old Dominion Freight Line. The raised price target suggests that the analyst expects the stock to perform well in the short term. This could lead to increased investor interest and a potential rise in the stock price.
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