Citi Upgrades Old Dominion Freight Line (ODFL) to Buy Amid Recent Selloff
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Price: $210.97 -2.21%
Rating Summary:
12 Buy, 16 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 16 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Citi's Christian Wetherbee upgraded shares of Old Dominion Freight Line (NASDAQ: ODFL) from Hold to Buy Thursday morning. The analyst maintains a $43 price target.
Wetherbee called the recent pullback in shares of Old Dominion (down 8.7 percent since the beginning of June) an attractive entry point for investors.
With Old Dominion shares closing at $34.07 Wednesday night, Citi's price target implies potential upside of about 26 percent.
For more ratings news on Old Dominion Freight Line click here and for the rating history of Old Dominion Freight Line click here.
Wetherbee called the recent pullback in shares of Old Dominion (down 8.7 percent since the beginning of June) an attractive entry point for investors.
With Old Dominion shares closing at $34.07 Wednesday night, Citi's price target implies potential upside of about 26 percent.
For more ratings news on Old Dominion Freight Line click here and for the rating history of Old Dominion Freight Line click here.
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