Baird Upgrades Old Dominion Freight Line to Outperform, Maintains $205 Price Target
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Garrett Holland upgraded Old Dominion Freight Line (ODFL) from Neutral to Outperform, while maintaining a $205 price target.
May 08, 2024 | 9:30 am
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POSITIVE IMPACT
Old Dominion Freight Line was upgraded by Baird from Neutral to Outperform with a maintained price target of $205.
Analyst upgrades typically lead to positive short-term price movements as they reflect a positive change in the analyst's view of the company's future performance. The maintenance of a $205 price target alongside the upgrade suggests confidence in the company's value proposition and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100