Citigroup has decided to maintain its Neutral rating of Old Dominion Freight Line (NASDAQ:ODFL) and lower its price target from $295.00 to $265.00.
Shares of Old Dominion Freight Line are trading up 1.76% over the last 24 hours, at $240.63 per share.
A move to $265.00 would account for a 10.13% increase from the current share price.
About Old Dominion Freight Line
Old Dominion Freight Line is the fourth-largest less-than-truckload carrier in the United States, with more than 240 service centers and 9,200-plus tractors. OD is by far one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via consistent infrastructure investment.
About Analyst Ratings
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
