Goldman Sachs analyst Catherine O’Brien resumed coverage of Delta Air Lines (DAL) with a Buy rating and $83 price target Delta is forecasted to produce one of the industry’s top margins in 2024, bolstered by its exposure to premium and corporate revenue strength, profitable and durable non-airline revenue streams, and longer-term tailwinds from its segmentation strategy, the analyst tells investors in a research note. The firm likes the company’s royalty revenue growth and exposure to outperforming premium demand.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAL:
- Delta Air Lines price target raised to $90 from $60 at Barclays
- Delta says internal directory leaked in third party data breach, AJC reports
- Amazon (NASDAQ:AMZN) Rolls Out New Discount Store
- Delta Air Lines price target raised to $77 from $56 at Seaport Research
- Delta Air Lines price target raised to $75 from $59 at TD Cowen
