Wells Fargo cuts Old Dominion Freight Line target to $220, keeps Overweight
Wells Fargo cut its Old Dominion Freight Line price target to $220 from $250 but kept its Overweight rating, one day after Stifel trimmed its own target.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Wells Fargo lowered its price target on Old Dominion Freight Line to $220 from $250, a 12% reduction, and kept its Overweight rating, according to a report by TradingView. The new target implies 26.9% upside from the October 28 close of $173.32.
Earlier the same day, Stifel reduced its target to $224 from $230, a 2.6% cut, while keeping its Buy rating. Across the five most recent analyst notes over the past 30 days, targets ranged from $202 to $232, data TradingView attributes to Benzinga.
why it matters
Several brokers adjusting their targets at once suggests a more cautious view of the trucking carrier's valuation rather than a shift in ratings, which largely stayed positive. Notes like these can shape sentiment around the stock, though they are routine for a company of this size.
tags
instruments
sources
- Stifel maintains Old Dominion Freight Line at Buy, lowers price target to $224 from $230 — TradingView, 29 October 2026 at 12:52 UTC
- Wells Fargo maintains Old Dominion Freight Line at Overweight, lowers price target to $220 from $250 — TradingView, 29 October 2026 at 14:24 UTC
- Barclays maintains Old Dominion Freight Line at Equal-Weight, lowers price target to $200 from $220 — TradingView, 29 October 2026 at 15:22 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗