Old Dominion Freight Line shares are trading lower after Wells Fargo maintained an Underweight rating on the stock and lowered its price target from $175 to $170.
Portfolio Pulse from Benzinga Newsdesk
Old Dominion Freight Line shares declined after Wells Fargo maintained an Underweight rating and reduced its price target from $175 to $170.
September 05, 2024 | 6:49 pm
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Old Dominion Freight Line's stock is trading lower following Wells Fargo's decision to maintain an Underweight rating and reduce the price target from $175 to $170.
The reduction in price target and maintenance of an Underweight rating by Wells Fargo suggests a negative outlook, likely causing a short-term decline in ODFL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100