On February 04, 2026 Morgan Stanley maintained Overweight on Old Dominion Freight Line, Inc. (ODFL). The ODFL analyst rating remained Overweight while the firm raised its price target to $209 from $190. Morgan Stanley logged the note at 02:58 PM on February 04, 2026 and flagged reasons tied to margin recovery and cost controls. The market has reacted since the call, with the stock down -9.0% ($-18.77) versus the prior reference level. Meyka AI rates ODFL with a grade of B+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
ODFL analyst rating: what Morgan Stanley did
Morgan Stanley maintained an Overweight rating on February 04, 2026 and raised its price target to $209 from $190. The firm noted improving operating ratios and stronger freight yields as justification for the target increase.
Price target change and market context
The price target move to $209 signals higher expected upside from current levels according to Morgan Stanley. Investors should note the reported price change since the note equals -9.0% ($-18.77) versus the reference point cited.
What the maintained Overweight means for investors
A maintained Overweight means Morgan Stanley still prefers ODFL relative to peers. For investors this implies conviction in medium-term earnings recovery paired with conservative near-term caution.
Analyst opinion versus recent earnings
The Morgan Stanley note arrived after Old Dominion reported Q4 results and set a Q1 revenue target range. Recent headlines show revenue down 5.8% year over year, which explains mixed price reaction despite the upgraded price target. Seeking Alpha coverage of the Q4 reaction provides additional detail on investor sentiment.
Historical analyst coverage and consensus context
ODFL has been widely covered by major firms, with a history of Buy or Overweight calls during recovery phases. Morgan Stanley’s stance keeps a prominent voice supportive while other firms watch freight volumes and cost trends.
Meyka perspective and stock grade
Meyka AI, an AI-powered market analysis platform, flags the Morgan Stanley update as positive for medium-term upside, but notes sensitivity to freight demand. Meyka AI rates ODFL with a grade of B+ reflecting the company’s market cap of $43,605,388,469, sector stability, and analyst consensus.
Final Thoughts
Morgan Stanley’s February 04, 2026 note maintained Overweight on Old Dominion Freight Line, Inc. (ODFL) and raised the price target to $209 from $190. That action signals continued analyst confidence in recovery of margins and pricing power despite near-term revenue pressures. Investors should view the maintained Overweight as a vote of relative strength versus peers, not a guarantee of immediate gains. Watch Q1 guidance, freight volumes, and operating ratio trends for confirmation. Use the Morgan Stanley target and recent earnings reaction to update scenario assumptions when sizing positions. Remember Meyka AI rates ODFL with a grade of B+; this grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and are not financial advice.
FAQs
What exactly changed in the Morgan Stanley note on February 04, 2026?
Morgan Stanley maintained Overweight and raised its price target to $209 from $190. The note was logged at 02:58 PM on February 04, 2026 and cited margin improvement as the driver.
How should investors interpret the ODFL analyst rating now?
A maintained Overweight indicates preference versus peers and belief in medium-term upside. Investors should weigh the rating against recent revenue declines and company guidance.
Did the Morgan Stanley note include a price target and how does it compare to stock action?
Yes. The price target moved to $209 from $190. The stock showed a -9.0% ($-18.77) move versus the prior reference on the update, reflecting investor digestion of earnings and guidance.
Where can I read the Morgan Stanley note or follow coverage?
Morgan Stanley coverage was summarized on TheFly and is available in market outlets. See the Morgan Stanley summary on TheFly source and recent earnings reaction on [
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
