UBS Maintains a 'Buy' on Delta Air Lines (DAL); Upbeat Call, Revenue Trends Lead to Upward Revisions

UBS maintains a 'Buy' on Delta Air Lines (NYSE: DAL) price target raised from $12 to $15.

UBS analyst says, "Delta beat consensus and our EPS estimate in 4Q. Costs were as expected but the top line was better. Revenue grew 10% in all regions except Atlantic, but even there unit revenue (RASM) and yield were up double digits on 10% less capacity...DAL is our top pick in the sector (along with LCC for more aggressive investors)...Our 2012 EPS estimate moves to $2.82 from $2.30 as we model stronger RASM trends in the year."

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 $9.96 yesterday.

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