Old Dominion Freight Line stock declined 11.9% after analyst downgrade
Old Dominion Freight Line stock fell 11.9% last week due to a downgrade from a Citi analyst.
The analyst downgraded the stock to sell from neutral, despite the price rising to $228 from $225.
The freight company operates in the less-than-truckload market, which is expected to turn up in 2026, but much of the good news is already priced into the sector.