TD Cowen Reiterates Buy Rating on Delta Air Lines (DAL)

TD Cowen analyst Helane Becker reiterated a Buy rating and $59.00 price target on Delta Air Lines (NYSE: DAL).

The analyst commented, "2024 Best Idea DAL reports 3Q24 earnings BMO on 10/10. We updated our estimates last month following their guidance revision. We are in line with consensus revenue and a few cents below EPS using FactSet data (though some #s look stale). We are slightly above consensus for 4Q rev growth, EBIT margin, and EPS. Key focus areas: pricing trends, corporate travel, premium demand, & industry capacity."

For an analyst ratings summary and ratings history on Delta Air Lines click here. For more ratings news on Delta Air Lines click here.

Shares of Delta Air Lines closed at $48.40 yesterday.

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