BofA raised the firm’s price target on Delta Air Lines (DAL) to $74 from $70 and keeps a Buy rating on the shares after having hosted CFO Dan Janki for a fireside chat following Q3 results last Thursday. Both the Q3 results and the Q4 outlook provided earnings upside, while the CFO spoke to a long term strategy that leads the firm to continue to believe that Delta is “a key beneficiary of the structural changes occurring across the industry,” the analyst tells investors.
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