UPDATE: Argus Upgrades Delta Air Lines (DAL) to Buy

(updating comment)

Argus analyst John Staszak upgraded Delta Air Lines (NYSE: DAL) from Hold to Buy with a price target of $76.00.

The analyst comments "We view Delta as a well-managed airline with a strong balance sheet and cash flow, industry-leading execution, and stable operating earnings. We also see fleet upgrades and share buybacks as catalysts for the shares."

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 $60.88 yesterday.

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