Old Dominion price target raised to $205 from $202 at UBS

UBS raised the firm’s price target on Old Dominion to $205 from $202 and keeps a Neutral rating on the shares. Old Dominion’s Q1 earnings were slightly lower vs. the firm’s estimates, and tonnage performance improved through the quarter, the analyst tells investors in a research note. At the same time, management has pointed to a slower than normal seasonal pick up in revenue, the firm says.