BUZZ-BMO lifts Old Dominion Freight Line to 'outperform', slashes PT

Reuters12-01
BUZZ-BMO lifts <a href="https://laohu8.com/S/ODFL">Old Dominion Freight Line</a> to 'outperform', slashes PT

** BMO upgrades U.S. trucking firm Old Dominion Freight Line ODFL.O to "outperform" from "market perform"

** However, cuts PT to $170 from $172, still implying an upside of 25.7% from the stock's last close

** Brokerage says co's disciplined execution, strong pricing power, and robust cash flow position it well for upside as the freight cycle recovers

** ODFL's 40% share price drop makes it an attractive opportunity for investors, says BMO

** BMO cuts co's 2026 EPS forecast to $4.93 from $4.95

** 9 of 26 brokerages rate the stock "buy" or higher, 13 "hold" and 4 "sell" or lower; their median PT is $155- data compiled by LSEG

** As of last close, stock had fallen 23.3% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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