Barclays Maintains Equal-Weight on Old Dominion Freight Line, Raises Price Target to $410
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandon Oglenski maintains an Equal-Weight rating on Old Dominion Freight Line (NASDAQ:ODFL) and raises the price target from $375 to $410.
July 28, 2023 | 10:33 am
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Barclays maintains an Equal-Weight rating on Old Dominion Freight Line and raises the price target from $375 to $410.
The news is directly related to Old Dominion Freight Line (ODFL). Barclays' decision to maintain an Equal-Weight rating indicates a neutral outlook for the company. However, the increase in price target from $375 to $410 suggests a positive short-term impact on the stock as it implies that the analyst sees potential for the stock's price to rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100