Morgan Stanley Reiterates Equal-Weight on Old Dominion Freight Line, Maintains $332 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has reiterated an Equal-Weight rating on Old Dominion Freight Line (NASDAQ:ODFL) and maintained a price target of $332.

July 27, 2023 | 4:46 pm
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Old Dominion Freight Line's stock rating has been reiterated as Equal-Weight by Morgan Stanley, with a maintained price target of $332.
The reiteration of the Equal-Weight rating and maintained price target by Morgan Stanley indicates that the analyst sees the stock as fairly valued at its current price. This is unlikely to cause significant movement in the stock price in the short term, but it does reaffirm the analyst's confidence in the company's stability and performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100