President Donald Trump seemed to be flying higher today on hopes that U.S. flyer Delta Air Lines (DAL) had joined the MAGA (Make America Great Again) movement.
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Staff Memo
Trump was in full Trumpy mood on the TipRanks Trump Dashboard today after sharing an interesting email from a Delta employee as a post on Truth Social.
“From a Delta Captain: “I thought you would get a kick out of this. Delta’s official memo to employees. Big changes Gulf of Mexico to Gulf of America. And the liberals thought Notice to Airman was racist so they changed it to Notice to Air Missions. Delta just changed it back to Notice to Airman. I think they are finally embracing MAGA.”
Shares in Delta took off, climbing over 1% in early trading.
Delta Turnaround?
If Delta has decided to join the Trump movement, it would be quite the turnaround for the business. Back in February, when other companies such as Target (TGT) and Amazon (AMZN) were eagerly ditching their Diversity, Equity and Inclusion policies to follow Trump’s tune, Delta doubled down on its commitment.
It stated that such initiatives were critical to the business and that fostering a diverse workforce was a competitive advantage.
In contrast, Trump has thundered that DEI programs are both “illegal and immoral.” In other MAGA-like moves he has changed the name of the Gulf of Mexico to Gulf of America, and is now looking at rebranding the Pentagon as the Department of War. At least, for George Orwell fans, it wasn’t the Department of Peace…
For more Trump social media comments and the impact they have on stocks and sectors, visit our Trump Dashboard. Is he grumpy Donald? Trumpy Donald? Or the rarely seen and heard Neutral Donald?
Is DAL a Good Stock to Buy Now?
On TipRanks, DAL has a Strong Buy consensus based on 13 Buy and 1 Hold ratings. Its highest price target is $90. DAL stock’s consensus price target is $68.04, implying a 11.07% upside.
