By: Benzinga
UPDATE: J.P. Morgan Upgrades Old Dominion Freight Line to Overweight on Favorable Risk-Reward Outlook
In a report published Tuesday, J.P. Morgan analyst Thomas R. Wadewitz upgraded the rating on Old Dominion Freight Line (NASDAQ: ODFL ) from Neutral to Overweight, and raised the price target from $38.00 to $43.00. In the report, Wadewitz noted, “We are upgrading ODFL to Overweight as we believe the
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