DAL Stock Price: $60 Target By Jefferies

By Amit Chowdhry ● June 8, 2021
  • The shares of Delta Air Lines, Inc. (NYSE: DAL) have received a price target increased from $50 to $60 by Jefferies. These are the details.

The shares of Delta Air Lines, Inc. (NYSE: DAL) have received a price target increased from $50 to $60 by Jefferies. And Jefferies analyst Sheila Kahyaoglu upgraded Delta Air Lines shares to a “Buy” rating from a “Hold” rating.

Kahyaoglu noted that Delta is well-positioned to lead and take share as the focus shifts from a recovery in domestic and leisure travel to international and corporate.

Plus Kahyaoglu pointed that Europe is set to be the first Transocean market to open substantially to U.S. travelers. And Kahyaoglu believes it could drive a greater share to Delta given 52% of its international available seat miles (ASMs) in 2019 was deployed to Europe.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.