Raymond James Maintains Outperform Rating for Old Dominion Freight Line: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for Old Dominion Freight Line (NASDAQ:ODFL) and increased its price target from $350.00 to $385.00. ODFL's shares are currently trading up 3.29% at $378.11 per share. A move to $385.00 would represent a 1.82% increase from the current share price.
July 07, 2023 | 5:01 pm
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Raymond James has maintained its Outperform rating for Old Dominion Freight Line and raised its price target. This could potentially lead to an increase in the stock's price.
Analyst ratings often influence investor sentiment and can impact a stock's price. In this case, Raymond James, a reputable financial institution, has maintained an Outperform rating for ODFL and raised its price target. This suggests they believe the stock will perform well, which could encourage more investors to buy, potentially driving up the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100