Old Dominion Freight Line (ODFL) Declares $0.13 Quarterly Dividend; 0.4% Yield

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BofA/Merrill Lynch Upgrades Old Dominion Freight Line (ODFL) to Buy

October 30, 2018 6:11 AM EDT

BofA/Merrill Lynch analyst Ariel Rosa upgraded Old Dominion Freight Line (NASDAQ: ODFL) from Underperform to Buy with a price target of $139.00 (from $143.00).

The analyst upgrades the name following recent weakness and notes the business is "too good to ignore." Rosa calls the... More