From Financial Modeling Prep: 2024-10-09 16:00:01

The consensus price target for Delta Air Lines, Inc. (NYSE:DAL) has increased to $65, indicating growing optimism among analysts. Delta’s strategic initiatives, including new transatlantic routes and fleet modernization, are expected to drive earnings growth. Despite a predicted decline in earnings for the upcoming report, the airline sector’s positive momentum benefits Delta. Investors are encouraged by Delta’s strategic positioning and diversified revenue streams. However, they should remain vigilant for any upcoming company news or earnings reports that could influence analysts’ perspectives. As noted by Jim Cramer, Delta’s earnings report is highly anticipated, alongside other major companies like JPMorgan and BlackRock.



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