Delta Air Lines price target raised to $72 from $63 at Deutsche Bank

Deutsche Bank analyst Michael Linenberg raised the firm’s price target on Delta Air Lines (DAL) to $72 from $63 and keeps a Buy rating on the shares following the earnings report. The firm sees the company’s free cash flow generation, nearly $2B of debt paid down, and “meaningful” product and service investments plus a dividend as bolstering the investment case.