Latam Airlines shares jump over 30% after Delta says it will buy stake

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Stephens Reiterates Overweight Rating on Delta Air Lines (DAL)

September 30, 2019 7:23 AM EDT

Stephens analyst Jack Atkins reiterated an Overweight rating and $75.00 price target on Delta Air Lines (NYSE: DAL) following the company's announced partnership with LATAM. DAL is taking a 20% equity stake in the Company for $1.9 bil. ($16 per share), in addition to other investments over... More