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home / news releases / ODFL - XPO's New COO Sweetens The Bull Case

ODFL - XPO's New COO Sweetens The Bull Case

Old Dominion Freight Line Inc.

2023-04-23 02:59:14 ET

Summary

  • XPO appointed Dave Bates as COO, an Old Dominion Freight Line veteran who knows how to take LTL operations to another level.
  • The company's stock price exploded, as analysts believe that this decision made achieving its ambitious long-term targets very likely.
  • While I believe that XPO's stock price has a lot more upside, I remain neutral, as macroeconomic headwinds are a major risk to last week's rally.

For further details see:

XPO's New COO Sweetens The Bull Case
Stock Information
Company Name: Old Dominion Freight Line Inc.
Stock Symbol: ODFL
Market: NASDAQ
Website: odfl.com
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