Delta Airlines: Jefferies raises target price
(CercleFinance.com) - Jefferies confirms its 'buy' rating on Delta Airlines shares, while raising its target price for them from $76 to $85, in the wake of a 2025 EPS forecast raised by 8% to $7.
75, against management's target of over $7.35.
The 7%-9% revenue growth target posted for Q1 2025 far exceeded expectations for a mid-single-digit percentage, the broker points out after Friday's quarterly release.
The implied increase in unit revenue from 2.5% to 4% serves as the starting point for a lucrative year, filled with continued gains in premium and rebound in the main cabin, Jefferies continues.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
75, against management's target of over $7.35.
The 7%-9% revenue growth target posted for Q1 2025 far exceeded expectations for a mid-single-digit percentage, the broker points out after Friday's quarterly release.
The implied increase in unit revenue from 2.5% to 4% serves as the starting point for a lucrative year, filled with continued gains in premium and rebound in the main cabin, Jefferies continues.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.