Airline stocks fall on Delta's 'conservative' EPS guidance; Morgan Stanley remains optimistic
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Citi Comments on Delta Air Lines (DAL)
January 12, 2024 12:12 PM ESTCiti analyst Stephen Trent reiterated a Buy rating and $56.00 price target on Delta Air Lines (NYSE: DAL).
The analyst comments "Delta struck a reasonable tone on its 4Q results conference call, with management highlighting macro factors and an expected $350M y-o-y increase in... More
United (UAL), Other Airlines Lower Following Results From Delta Air Lines (DAL)
January 12, 2024 7:06 AM ESTUnited (NASDAQ: UAL), Other Airlines Lower Following Results From Delta Air Lines (NYSE: DAL)
Delta -5.5%United Airlines -4%American Airlines (NASDAQ: AAL) -4%Southwest Airlines (NYSE: LUV) -2.5%... More
Delta cuts 2024 profit outlook on higher costs, economic risks; shares fall
January 12, 2024 6:37 AM ESTBy Rajesh Kumar Singh
CHICAGO (Reuters) -Delta Air Lines on Friday scaled down its profit outlook for the current year, citing higher costs, supply chain issues and macroeconomic uncertainties.
The company's shares fell more than 8% shortly after midday, dragging down the broader the NYSE Arca Airline index.
The Atlanta-based carrier now expects an adjusted per-share profit of $6 to $7 this year, compared with its previous target of more than $7 first outlined in 2021.
The 2024 estimate compares with analysts' expectations of $6.50 according to LSEG data.
The company said it had not anticipated the run-up in wage... More
Delta Air Lines (DAL) PT Raised to $51 at Wolfe Research
January 11, 2024 4:59 AM ESTWolfe Research analyst Scott Group raised the price target on Delta Air Lines (NYSE: DAL) to $51.00 (from $45.00) while maintaining a Outperform rating.... More
Delta Air Lines (DAL) PT Raised to $50 at Susquehanna
January 10, 2024 8:56 AM ESTSusquehanna analyst Christopher Stathoulopoulos raised the price target on Delta Air Lines (NYSE: DAL) to $50.00 (from $43.00) while maintaining a Positive rating.... More
