Morgan Stanley Reiterates Overweight on Delta Air Lines, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has reiterated an Overweight rating on Delta Air Lines (NYSE:DAL) and maintained a $70 price target.
June 28, 2023 | 12:02 pm
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Delta Air Lines' stock rating has been reiterated as Overweight by Morgan Stanley, with a maintained price target of $70.
The reiteration of an Overweight rating by a major financial institution like Morgan Stanley indicates a positive outlook for Delta Air Lines. The maintained price target of $70 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
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