JP Morgan Maintains Neutral on Old Dominion Freight Line, Lowers Price Target to $189
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on Old Dominion Freight Line (NASDAQ:ODFL) and lowers the price target from $193 to $189.
September 06, 2024 | 6:12 pm
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JP Morgan's analyst Brian Ossenbeck maintains a Neutral rating on Old Dominion Freight Line and lowers the price target from $193 to $189, indicating a slightly less optimistic outlook.
The lowering of the price target from $193 to $189 by JP Morgan suggests a slightly less optimistic view on Old Dominion Freight Line's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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