Old Dominion price target lowered to $195 from $205 at Barclays

Barclays lowered the firm’s price target on Old Dominion to $195 from $205 and keeps an Equal Weight rating on the shares. The firm says that while Old Dominion remains the best-in-class less-than-truckload carrier with market share trends resembling prior downturns, share gains in the next upcycle remain a key question as peers emulate the company’s historically successful strategy.