Old Dominion price target raised to $410 from $375 at Barclays

Barclays analyst Brandon Oglenski raised the firm’s price target on Old Dominion to $410 from $375 and keeps an Equal Weight rating on the shares post the Q2 results. Old Dominion delivered solid cost control in a tough freight market, but investor focus remains on implications from Yellow Corp., with management prioritizing service and long-term share gains over short-term volume infusions, the analyst tells investors in a research note.