Delta Stock Flies Higher After Positive Comments from Morgan Stanley
Delta(DAL) Investopedia·2024-04-01 20:55
Key TakeawaysMorgan Stanley made Delta Air Lines a top pick for 2024, pointing to the air carrier's focus on selling premium products to customers.The analysts boosted their price target on the stock by $8 to $85, and said their "bull case valuation" is now $110, up from $90 a share and more than double the stock's level on Monday.Morgan Stanley added that Delta also has benefited from targeting younger fliers following the pandemic. Delta Air Lines (DAL) shares rose Monday after Morgan Stanley named it as ...