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](https://thefly.com/permalinks/entry.php/id4285112/6161286394/ODFL-Old-Dominion-price-target-raised-by--at-Morgan-Stanley-heres-why) and recent earnings reaction on [

Analyst Ratings

Morgan Stanley Maintains Overweight on Old Dominion Freight Line (ODFL) Feb 2026

ByHuzaifa Zahoor February 5, 2026

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.