Raymond James Cuts Delta Air Lines Price Target By ~6%
Raymond James analyst Savanthi Syth lowered the price target for Delta Air Lines, Inc''s (NYSE: DAL ) to $50 (an upside of 73%) from $53 while maintaining the Strong Buy rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity growth moderation. Related : Full story available on Benzinga.com
Raymond James Cuts Delta Air Lines Price Target By ~6%
Raymond James analyst Savanthi Syth lowered the price target for Delta Air Lines, Inc''s (NYSE: DAL ) to $50 (an upside of 73%) from $53 while maintaining the Strong Buy rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity growth moderation. Related : Full story available on Benzinga.com