Raymond James Reduces PT on Old Dominion Freight Line (ODFL) Stock to $160, Keeps Outperform

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is one of the Best Beaten Down Stocks to Buy According to Hedge Funds. On October 14, Raymond James reduced the price target on the company’s stock to $160 from $165, while keeping an “Outperform” rating. As per the firm, upcoming rate cuts might eventually fuel activity, mainly in the auto and housing sectors. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) released certain less-than-truckload (LTL) operating metrics for August 2025. Notably, revenue per day fel ...