B of A Securities Maintains Buy on Delta Air Lines, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Didora maintains a Buy rating on Delta Air Lines (NYSE:DAL) but lowers the price target from $50 to $40.
October 03, 2023 | 11:50 am
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NEUTRAL IMPACT
Delta Air Lines' price target has been lowered from $50 to $40 by B of A Securities, though the Buy rating is maintained.
The lowering of the price target by B of A Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Buy rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100