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Delta Air Lines (DAL) PT Lowered to $58 at Cowen Following Change in Profit Sharing Plan

September 28, 2017 8:51 AM EDT

Cowen lowered its price target on Delta Air Lines (NYSE: DAL) to $58.00 (from $60.00) while maintaining a Outperform rating following the company's announcement that all employees will move to the pilots profit sharing plan on October 1. Management believes a content / focused labor force will drive... More