Why Are Old Dominion Freight Line Shares Trading Lower Today? - Old Dominion Freight Line (NASDAQ:ODFL)

Wells Fargo analyst Allison Poliniak-Cusic raised the price target on Old Dominion Freight Line Inc ODFL to $348 (an upside of 12.5%) from $335 and maintained an Equal Weight rating on the shares.
The analyst notes that as the best-in-class LTL provider, Q4 results reflected the strength in its growth and execution strategy.
Related: Old Dominion Freight Line Clocks 31% Revenue Growth In Q4, Tops Street View
Citi analyst Christian Wetherbee raised the price target on Old Dominion to $350 from $340 and maintained a Neutral rating on the shares post the Q4 results.
Raymond James analyst Patrick Tyler Brown lowered the price target to $365 (an upside of 18%) from $380 and maintained an Outperform rating on the shares.
Price Action: ODFL shares are trading lower by 5.3% at $310.28 on the last check Friday.