DBS analyst Tabitha Foo maintains $Delta Air Lines (DAL.US)$ with a buy rating, and maintains the target price at $60.
According to TipRanks data, the analyst has a success rate of 57.9% and a total average return of 6.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Delta Air Lines (DAL.US)$'s main analysts recently are as follows:
The Q4 revenue growth projection for Delta Air Lines, estimated at 2%-4%, slightly missed the anticipated 3.5% at the midpoint. This was attributed to a modestly lower capacity growth alongside unit revenues that met expectations. The attention of investors is now turning towards the upcoming investor day on November 20, where it is anticipated that more insights will be shared about Delta's long-term earnings prospects, return on invested capital benchmarks, financial objectives, and priorities regarding the allocation of capital.
Delta Air Lines' Q4 unit revenue forecast didn't quite meet expectations, yet it suggests an industry on the upswing as capacity growth moderates following a phase of aggressive expansion earlier in the year.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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