BMO Capital analyst Michael Goldie initiated coverage of Delta Air Lines (DAL) with an Outperform rating and $80 price target while launching coverage of the U.S. airline sector. Conditions are improving after a challenging 2024-2025, with normalizing supply/demand and recovering corporate travel, says the analyst, who sees a longer-term opportunity for carriers who can deliver sustained margin expansion.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAL:
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- Southwest Airlines (LUV) Cuts Guidance Due to Higher Fuel Costs and Government Shutdown
- Delta Air Lines (DAL) Experiences Service Disruption in Detroit
- Toast upgraded, PayPal downgraded: Wall Street’s top analyst calls
- Delta Air Lines price target raised to $77 from $72 at TD Cowen