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BMO raises PT on Old Dominion, XPO and Saia as freight-cycle optimism builds

ReutersFeb 19, 2026 5:29 PM

BMO lifts PT on U.S. transportation firms Old Dominion Freight Line ODFL.O, XPO XPO.N and Saia SAIA.O

Brokerage says optimism around a freight-cycle recovery is rising, driven by tightening truckload capacity and early signs of industrial stabilization

Notes XPO and SAIA face greater downside risk than ODFL, if the freight cycle fails to firm

S&P 500 Transportation Index .SPLRCTRN up nearly 9.5% YTD

Companies

New PT

Old PT

Old Dominion Freight Line

$215

$185

XPO

$230

$205

Saia

$425

$415

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