Bernstein Hikes Delta Air Lines Price Target to $88 on Better Fuel Insulation

Bernstein raised its price target on Delta Air Lines to $88 from $81 while reiterating an Outperform rating, implying improved upside expectations of $7 per share. The note is a constructive analyst call on Delta’s fundamentals rather than a company-reported operating update. The likely market impact is limited but supportive for DAL shares.

Analysis

Bernstein raised its price target on Delta Air Lines to $88 from $81 while reiterating an Outperform rating, implying improved upside expectations of $7 per share. The note is a constructive analyst call on Delta’s fundamentals rather than a company-reported operating update. The likely market impact is limited but supportive for DAL shares.