BMO lifts Old Dominion Freight Line 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