Jefferies Reaffirms Their Buy Rating on Delta Air Lines (DAL)

In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Delta Air Lines, with a price target of $84.00.

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Kahyaoglu covers the Industrials sector, focusing on stocks such as Boeing, Delta Air Lines, and Southwest Airlines. According to TipRanks, Kahyaoglu has an average return of 14.8% and a 64.66% success rate on recommended stocks.

In addition to Jefferies, Delta Air Lines also received a Buy from TipRanks – OpenAI’s OpenAI Airlines Airports and Air Services in a report issued today. However, on the same day, TipRanks – Anthropic downgraded Delta Air Lines (NYSE: DAL) to a Hold.

Based on Delta Air Lines’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $16 billion and a net profit of $1.22 billion. In comparison, last year the company earned a revenue of $15.56 billion and had a net profit of $843 million

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAL in relation to earlier this year. Earlier this month, Glen Hauenstein, the President of DAL sold 426,933.00 shares for a total of $31,363,813.53.