Barclays lowered the firm’s price target on Old Dominion to $210 from $415 and keeps an Equal Weight rating on the shares as part of a Q1 earnings preview for the transportation sector. Transport results season should highlight improvements for railroads, continued yield gains for less-than-truckload and challenges for truckload , intermodal and brokerage operators, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>