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Wells Fargo Sticks to Their Sell Rating for Old Dominion Freight (ODFL)

Tipranks - Tipranks - Fri Feb 6, 6:58AM CST

Wells Fargo analyst Christian Wetherbee maintained a Sell rating on Old Dominion Freight today and set a price target of $165.00.

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Wetherbee covers the Industrials sector, focusing on stocks such as FedEx, Southwest Airlines, and Old Dominion Freight. According to TipRanks, Wetherbee has an average return of 13.4% and a 60.77% success rate on recommended stocks.

In addition to Wells Fargo, Old Dominion Freight also received a Sell from Robert W. Baird’s Daniel Moore CFA in a report issued today. However, on the same day, UBS maintained a Hold rating on Old Dominion Freight (NASDAQ: ODFL).

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Based on Old Dominion Freight’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.41 billion and a net profit of $270.95 million. In comparison, last year the company earned a revenue of $1.47 billion and had a net profit of $308.58 million

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