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Morgan Stanley Starts Delta Air Lines (DAL) at Overweight

July 2, 2009 7:14 AM EDT
DAL Hot Sheet
Rating Summary:
    6 Buy, 1 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 1

Morgan Stanley initiates coverage on Delta Air Lines (NYSE: DAL) with an Overweight, citing valuation after recent selling pressure. The firm set a $9 price target on DAL, which represents 54% upside to yesterday's close of $5.85.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.


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