Wells Fargo Maintains Overweight on Old Dominion Freight Line, Lowers Price Target to $435
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Allison Poliniak has maintained an Overweight rating on Old Dominion Freight Line (NASDAQ:ODFL) but lowered the price target from $505 to $435.
October 26, 2023 | 1:06 pm
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Old Dominion Freight Line's price target has been lowered by Wells Fargo from $505 to $435, although the Overweight rating is maintained.
The lowering of the price target by Wells Fargo indicates a potential decrease in the short-term value of Old Dominion Freight Line's stock. However, the maintenance of the Overweight rating suggests that the stock is still expected to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100