Raymond James Maintains Strong Buy on Delta Air Lines, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Savanthi Syth has maintained a Strong Buy rating on Delta Air Lines (NYSE:DAL) but lowered the price target from $58 to $54.
October 05, 2023 | 12:16 pm
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Delta Air Lines' price target has been lowered from $58 to $54 by Raymond James, though the Strong Buy rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the Strong Buy rating indicates that the analyst still sees significant upside potential, which could counteract the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100