- Deutsche Bank analyst Michael Linenberg lowered the price target on Delta Air Lines, Inc. (NYSE:DAL) to $47 from $55 while maintaining the Buy rating on the shares.
- The analyst noted management comment that overall demand remains strong through the summer and into fall.
- Related: Why Delta Air Lines Shares Are Sliding Today
- Linenberg believes the robust leisure and corporate demand trends back another double-digit operating margin quarter.
- Meanwhile, the reduced price target mirrors rising costs.
- Price Action: DAL shares are trading higher by 0.61% at $29.88 on the last check Thursday.
- Photo Via Wikimedia Commons
Analysts Eye AMD and Nvidia’s AI Rivalry: Who Leads the Tech Race?
Rosenblatt analyst Hans Mosesmann flagged salient articles in the last week specific to AI, Bandwidth, and Computing that are important and merely interesting as they relate to critical secular themes.
