Old Dominion Freight Line shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $331 to $391.
Portfolio Pulse from Benzinga Newsdesk
Old Dominion Freight Line's stock has been upgraded from Neutral to Buy by B of A Securities, which also raised its price target from $331 to $391.
June 28, 2023 | 3:58 pm
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Old Dominion Freight Line's stock has been upgraded by B of A Securities, with a raised price target. This could lead to increased investor interest and a potential rise in stock price.
The upgrade from Neutral to Buy by B of A Securities indicates a positive outlook for Old Dominion Freight Line. The raised price target from $331 to $391 suggests that the firm sees significant upside potential in the stock, which could attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100