Stephens & Co. Reiterates Overweight on Old Dominion Freight Line, Maintains $470 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Jack Atkins has reiterated an Overweight rating on Old Dominion Freight Line (NASDAQ:ODFL) and maintained a price target of $470.
August 21, 2023 | 11:53 am
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Old Dominion Freight Line's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $470.
The reiteration of an Overweight rating by a reputable analyst like Jack Atkins from Stephens & Co. is a positive signal for Old Dominion Freight Line. The maintained price target of $470 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100