These Analysts Boost Their Forecasts On Old Dominion After Strong Earnings
Portfolio Pulse from Avi Kapoor
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) reported strong Q2 2024 results, with revenue and EPS beating expectations. Analysts have raised their price targets, leading to a 6.6% increase in share price.
July 25, 2024 | 5:47 pm
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Old Dominion Freight Line reported better-than-expected Q2 2024 results, with revenue and EPS beating consensus estimates. Analysts have raised their price targets, and the stock price increased by 6.6%.
The company's strong earnings report and subsequent analyst upgrades have positively impacted the stock price. The raised price targets from multiple analysts indicate a bullish outlook.
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