Delta Air Lines (DAL) has made several significant announcements that imply positive motion for the company. The company
raised its dividend by 50%, cheering many investors, and also
declared a quarterly dividend. Earnings reports anticipate growth as DAL reveals its
Q1 2024 results and expectation of higher levels after a 3.5x growth in profits. There's also the
expanding ski schedule for winter. Analysts agree, as Delta stock is recommended as a strong 'Buy'. However, the airline faced setbacks like an A321neo diverting due to engine issues and some stocks were sold. Further, there's anticipation on whether the
stock's higher levels would continue, and if it's attractive for valuation. Investors are heavily searching for DAL; one analyst expects the
stock to go to $72.80 while another suggests a 26% upside. Keeping in mind DAL's high institutional ownership and its consistent impressive performance, the outlook stands positive.
Delta Air Lines DAL News Analytics from Thu, 12 Oct 2023 07:00:00 GMT to Sun, 23 Jun 2024 11:52:48 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor 3
