HSBC Initiates Coverage On Delta Air Lines with Buy Rating, Announces Price Target of $72.8
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Achal Kumar initiates coverage on Delta Air Lines (NYSE:DAL) with a Buy rating and a price target of $72.8.

May 13, 2024 | 11:30 am
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HSBC initiated coverage on Delta Air Lines with a Buy rating and a price target of $72.8, indicating a positive outlook on the stock.
Analyst ratings, especially from reputable firms like HSBC, can significantly influence investor sentiment and stock prices. A Buy rating combined with a specific price target provides a clear positive signal to the market, suggesting an expectation of strong performance for Delta Air Lines. This could lead to increased investor interest and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100