Old Dominion Freight Line (ODFL) NewsBite - ODFL Downgraded By Robert W. Baird

Posted: Monday, November 02, 2009 1:57 PM EDT

Old Dominion Freight Line (ODFL) was downgraded today by analysts at Robert W. Baird and the stock is now at $24.75, down $1.24 (-4.77%) on volume of 649,872 shares traded. The analysts downgraded the stock to Neutral from Outperform. Over the last 52 weeks the stock has ranged from a low of $18.47 to a high of $38.75. Old Dominion Freight Line stock has been showing support around $25.03 and resistance in the $27.67 range. Technical indicators for the stock are bullish and S&P gives ODFL a positive 5 STARS (out of 5) strong buy ranking. We will just watch this one for now. There are no hedged trades we like the look of for ODFL. [ABR-Seven Summits Strategic Investments NewsBite]

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