Old Dominion Price Target Raised By 12% At Raymond James - Read Why

September 29, 2021 2:01 PM | 28 seconds read |

Raymond James analyst Patrick Tyler Brown raised Old Dominion Freight Line Inc ODFL price target to $315 (implying an upside of 7.4%) from $280 and maintained an Outperform rating on the shares.
Brown continues to see durability in the firm's secular LTL pricing thesis.
He believes that Old Dominion's high-quality network and industry-leading door ownership position carry more value and competitive advantages than the market appreciates.
Price Action: ODFL shares are trading lower by 0.03% at $293.43 on the last check Wednesday.