Citigroup Maintains Neutral on Old Dominion Freight Line, Raises Price Target to $376
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Christian Wetherbee maintains a Neutral rating on Old Dominion Freight Line (NASDAQ:ODFL) and raises the price target from $340 to $376.
June 30, 2023 | 2:15 pm
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Citigroup maintains a Neutral rating on Old Dominion Freight Line and raises the price target from $340 to $376.
The news is directly about Old Dominion Freight Line. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $340 to $376 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100