Credit Suisse Analyst Flying High With Delta Air Lines Inc. (DAL)
Julie Yates from Credit Suisse maintained a Buy rating on Delta Air Lines Inc. (NYSE:DAL) today with a price target of $51. The analyst notes that Delta’s investment grade rating and a free cash flow yield in the high-teens makes the stock more attractive for investors. Yates also expects Q3 unit revenue performance to out-do guidance, pushing up the stock.
Currently, the analyst consensus on TipRanks for Delta is Strong Buy with an average price target of$56.14, representing a 62% upside from current levels.