This Is What Whales Are Betting On Delta Air Lines
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Delta Air Lines (NYSE:DAL), with 70% of recent trades being bearish and 30% bullish. The price target for Delta Air Lines over the last 3 months has been between $37.0 and $57.5. The current price of DAL is down -0.34% at $44.02. B of A Securities and Citigroup have maintained their Buy rating on Delta Air Lines, with price targets of $53 and $67 respectively.
August 14, 2023 | 7:33 pm
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A significant investor has taken a bearish stance on Delta Air Lines, with 70% of recent trades being bearish. However, B of A Securities and Citigroup have maintained their Buy rating on Delta Air Lines, with price targets of $53 and $67 respectively.
The bearish stance of a significant investor could potentially drive the stock price down in the short term. However, the maintained Buy ratings from B of A Securities and Citigroup could counteract this effect to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100