Thomas Fitzgerald CFA, an analyst from TD Cowen, maintained the Buy rating on Delta Air Lines. The associated price target was raised to $77.00.
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Thomas Fitzgerald CFA’s rating is based on Delta Air Lines’ demonstrated resilience and strong performance despite recent challenges. The company delivered a better-than-expected guidance update, showcasing its ability to manage disruptions effectively. Management quantified the impact of a recent shutdown as a $0.25 hit to EPS, which was less severe than the $0.52 impact initially estimated by analysts. This indicates Delta’s robust operational capabilities and adaptability.
Furthermore, Delta’s strong demand for year-end holidays and early 2026 bookings, along with significant growth in its AmEx portfolio, highlights its strong market position. The company’s expectation of $8 billion in cash remuneration this year, significantly higher than previous years, further supports the Buy rating. Additionally, Delta’s substantial share in corporate travel, despite its smaller seat share, underscores its competitive advantage in the industry.
In another report released on November 28, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $73.00 price target.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAL in relation to earlier this year.