Stifel Downgrades Old Dominion Freight Line to Hold, Lowers Price Target to $197
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has downgraded Old Dominion Freight Line (NASDAQ:ODFL) from Buy to Hold and reduced the price target from $209 to $197.
October 21, 2024 | 2:20 pm
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Stifel analyst J. Bruce Chan downgraded Old Dominion Freight Line from Buy to Hold, reducing the price target from $209 to $197, indicating a less optimistic outlook.
The downgrade from Buy to Hold suggests a less favorable view on ODFL's stock performance, and the reduced price target indicates expectations of lower future stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100