On Oct 12, major Wall Street analysts update their ratings for $Delta Air Lines (DAL.US)$, with price targets ranging from $56 to $85.
Morgan Stanley analyst Ravi Shanker maintains with a buy rating, and maintains the target price at $85.
J.P. Morgan analyst Jamie Baker maintains with a buy rating, and adjusts the target price from $68 to $80.
BofA Securities analyst Andrew Didora maintains with a buy rating, and sets the target price at $60.
Citi analyst Stephen Trent maintains with a buy rating.
Barclays analyst Brandon Oglenski maintains with a buy rating, and adjusts the target price from $52 to $60.
Furthermore, according to the comprehensive report, the opinions of $Delta Air Lines (DAL.US)$'s main analysts recently are as follows:
Delta Air Lines' Q4 revenue growth forecast, ranging from 2% to 4%, came in slightly below the anticipated 3.5% at the midpoint. This was due to a somewhat lower than predicted capacity growth, coupled with unit revenues that met expectations. The attention of investors is now turning towards the investor day scheduled for November 20. During this event, it is anticipated that further insights will be shared about Delta's long-term earnings prospects, return on invested capital (ROIC) goals, financial objectives, and priorities in capital distribution.
The forecast for Delta Air Lines' Q4 unit revenue was slightly below expectations. Nonetheless, it suggests an improving industry environment as the pace of capacity expansion moderates following a period of vigorous growth earlier in the year.
Here are the latest investment ratings and price targets for $Delta Air Lines (DAL.US)$ from 10 analysts:
Note:
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