Where Old Dominion Freight Line Stands With Analysts
Portfolio Pulse from Benzinga Insights
Old Dominion Freight Line (NASDAQ:ODFL) has received a mix of analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 7 indifferent. The average 12-month price target among 10 analysts is $401.5, which is a 3.12% decrease from the previous target of $414.44. Analysts rate stocks to guide investors, and these ratings can influence stock performance.
November 27, 2023 | 12:00 pm
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NEGATIVE IMPACT
Old Dominion Freight Line has a mixed outlook from analysts, with a slight decrease in the average price target suggesting tempered expectations.
The average price target for ODFL has decreased, which may lead to a negative perception among investors. The predominance of indifferent ratings over bullish ones could suggest a lack of strong positive sentiment, potentially impacting the stock price negatively in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100