JPMorgan lowered the firm’s price target on Old Dominion (ODFL) to $146 from $158 and keeps a Neutral rating on the shares. The firm updated transportation and logistics estimates and price targets as part of a Q2 earnings preview. JPMorgan reduced estimates across the board, saying tariffs and trade policy uncertainty has persisted while spot truckload rates went down before bouncing back around the July 4 holiday.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ODFL:
- Hold Rating Reiterated for Old Dominion Freight Amid Adjusted EPS and Price Target
- Old Dominion resumed with a Neutral at Baird
- Old Dominion price target raised to $180 from $175 at Truist
- Old Dominion Freight Faces Challenges: Sell Rating Due to Volume Decline and Excess Capacity
- Old Dominion Freight Reports Revenue Decline for May 2025