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Imperial Capital Raises Price Target on Delta Air Lines (DAL) to $44

October 14, 2016 7:13 AM EDT

Imperial Capital reiterated an In-Line rating on Delta Air Lines (NYSE: DAL), and raised the price target to $44.00 (from $41.00), after adjusting estimates following the company's 3Q earnings report. Imperial now estimates FY17 PRASM will decline by (0.5%) versus (1.5%) previously. EPS estimates have been lowered to $1.10 from $1.35.... More