BofA analyst Ken Hoexter lowered the firm’s price target on Old Dominion to $192 from $205 and keeps a Neutral rating on the shares after the company posted its mid-Q2 update. The firm tempered its growth outlook on tons/day moderation and sub-seasonal margins and lowered its 2024 and 2025 EPS forecast 1% each following the update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ODFL: