JP Morgan Maintains Neutral on Old Dominion Freight Line, Lowers Price Target to $231
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Old Dominion Freight Line (ODFL) and reduced the price target from $233 to $231.

April 09, 2024 | 1:11 pm
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NEUTRAL IMPACT
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on Old Dominion Freight Line and lowers the price target from $233 to $231.
The adjustment in price target by a prominent analyst like Brian Ossenbeck from JP Morgan, while maintaining a Neutral stance, suggests a minor recalibration of the stock's valuation rather than a significant change in the company's outlook. This minor adjustment is unlikely to have a substantial short-term impact on the stock price, but it indicates a slight caution or reevaluation of the stock's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100