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2021-07-15

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Raymond James upgrades Delta Air Lines, says stock can rally more than 40%

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRaymond James upgrades Delta Air Lines, says stock can rally more than 40%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/15/delta-air-lines-stock-dal-raymond-james-upgrade.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Delta Air Linesis poised to see its stock bounce back after the company beat Wall Street expectations in its second-quarter report, according to Raymond James.\nAnalyst Savanthi Syth upgraded the stock...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/delta-air-lines-stock-dal-raymond-james-upgrade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空"},"source_url":"https://www.cnbc.com/2021/07/15/delta-air-lines-stock-dal-raymond-james-upgrade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1145729047","content_text":"Delta Air Linesis poised to see its stock bounce back after the company beat Wall Street expectations in its second-quarter report, according to Raymond James.\nAnalyst Savanthi Syth upgraded the stock to strong buy from market perform, saying in a note to clients on Thursday that path for Delta’s recovery was now more clear.\n“We were somewhat cautious heading into the quarter due to the potential for cost volatility to weigh on investor sentiment. Following the earnings call on Wednesday, we believe expectations have been reset, albeit with some risk if the recovery stalls,” the note said.\nOn Wednesday, the airline reported an adjusted loss per share of $1.07 for thesecond quarter, while analysts surveyed by Refinitiv expected a wide loss of $1.38 per share. Revenue also beat expectations.\nWhen including government aid, Delta actually made its first profit since 2019 during the quarter.\nLike other airline stocks, shares of Delta have struggled recently, falling 13% over the last three months. Raymond James said the improving fundamentals should stop that slide.\n“The recent leg down in U.S. airline shares may be more interest rate/ inflation-related spillover to value, but we expect improving fundamentals to prevail particularly given our favorable view on business demand recovery,” the note said.\nThe firm set a price target of $58 per share for Delta, which is more than 42% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AONE","AONE.U"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":15,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/147635978"}