Multiple financial analysts have made predictions about the Old Dominion Freight Line (ODFL) stock. Some, like J.P. Morgan and Jefferies Financial Group, have lowered their target price, while others like UBS Group and Wolfe Research have increased their forecasts. ODFL's share price has seen a decline in recent times, with a significant 10% drop over the last quarter attributed to revenue declines and market weakness. Nevertheless, investment firms including Robeco Institutional Asset Management, Prime Capital Investment Advisors and QRG Capital Management have increased their positions in ODFL, indicating ongoing confidence. The company secured its 16th award for service quality, further testifying for its performance. However, ODFL's Q2 profits saw a fall of 16.6% due to persistent market weakness, leading to uncertainty among some investors. ODFL CEO continues to reassures stakeholders of ODFL's long-term growth prospects despite the downturn.
Old Dominion Freight Line ODFL News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Fri, 10 Oct 2025 16:30:00 GMT -
