Credit Suisse analyst Ariel Rosa downgraded Old Dominion to Underperform from Neutral with a $323 price target. The firm notes that recent gains have lifted the stock above its price target. Further, if there is economic downside, Credit Suisse believes Old Dominion seems likely to surrender some of its recent gains.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ODFL:
- Old Dominion price target raised to $335 from $300 at Raymond James
- Early notable gainers among liquid option names on January 18th
- Schneider, Werner upgraded to Buy, XPO Logistics downgraded at BofA
- Old Dominion upgraded to Neutral from Underperform at BofA
- Old Dominion announces 4.9% general rate increase