Barclays analyst Brandon Oglenski maintains $Delta Air Lines (DAL.US)$ with a buy rating, and maintains the target price at $90.
According to TipRanks data, the analyst has a success rate of 58.7% and a total average return of 9.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Delta Air Lines (DAL.US)$'s main analysts recently are as follows:
Delta Air Lines is anticipated to generate one of the industry's leading margins by 2024, supported by its strong presence in premium and corporate revenue sectors, the profitability and sustainability of its non-airline revenue sources, and the persistent benefits expected from its segmentation strategy. The company's growth in royalty revenue and its favorable position in the thriving premium demand market are viewed positively.
The firm anticipates that airline fundamentals will experience a significant positive shift by 2025, which is expected to enhance the market's view of the sector and could lead to substantial share price growth for industry leaders such as Delta, United, and Alaska. This anticipated improvement in airline fundamentals, alongside a change in investor sentiment, is predicted to catalyze a robust surge in airline stocks as the next year approaches. The expectation is that the strong performers will continue to excel, with airlines potentially seeing considerable upside as capacity expansion slows down in 2025, the competitive landscape of low-cost carriers changes, and the leading companies in the industry strengthen their competitive advantages.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
