Delta Air Lines (DAL) Among Most Innovative of Domestic Carriers - Analyst
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Price: $82.41 +1.67%
Rating Summary:
30 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
30 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Analyst's at Imperial Capital think Delta (NYSE: DAL) is one of the innovative domestic carriers, especially among legacy carriers.
"DAL's opportunistic investments in international equity stakes – most notably Virgin Atlantic, a refinery, and the LaGuardia slot swap with US Airways as well as the upgrades in its product offering should further cement its leadership position among the legacies," said analyst Julie Biel.
Biel believes DAL's unit revenue growth guidance of 4 to 6 percent and projected 30 percent growth in pretax income in 2013 was evidence that it was pulling away from its peers.
Imperial Capital maintained an Outperform rating on Delta Air Lines (NYSE: DAL) and trimmed its price target to $18.00 (from $19.00).
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 $11.23 yesterday.
"DAL's opportunistic investments in international equity stakes – most notably Virgin Atlantic, a refinery, and the LaGuardia slot swap with US Airways as well as the upgrades in its product offering should further cement its leadership position among the legacies," said analyst Julie Biel.
Biel believes DAL's unit revenue growth guidance of 4 to 6 percent and projected 30 percent growth in pretax income in 2013 was evidence that it was pulling away from its peers.
Imperial Capital maintained an Outperform rating on Delta Air Lines (NYSE: DAL) and trimmed its price target to $18.00 (from $19.00).
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 $11.23 yesterday.
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