TD Cowen analyst Jason Seidl lowered the firm’s price target on Old Dominion (ODFL) to $196 from $203 and keeps a Hold rating on the shares. The firm said they marginally missed expectations in Q3 though October trends suggest persistent weakness in tonnage and pricing into 4Q.
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Read More on ODFL:
- Old Dominion price target lowered to $200 from $204 at Baird
- Old Dominion price target lowered to $160 from $170 at Wells Fargo
- Old Dominion price target lowered to $190 from $195 at Barclays
- Old Dominion price target lowered to $195 from $206 at BofA
- Old Dominion sees October revenue per day down from prior year