Bernstein raised the firm’s price target on Delta Air Lines (DAL) to $66 from $60 and keeps an Outperform rating on the shares. The firm notes the company reported solid Q2 results and re-established FY25 guidance that’s 8% ahead of consensus. Bernstein is expecting industry capacity discipline to support a stronger end of the year, rekindling optimism over the structural bull case.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAL:
- Delta Air Lines price target raised to $60 from $56 at BofA
- Delta Air Lines price target raised to $65 from $58 at Barclays
- Delta Air Lines Reports Strong June Quarter Results
- Delta Air Lines’ Earnings Call: Record Revenue and Resilience
- Closing Bell Movers: Levi Strauss up 6% on earnings, crypto stocks gain