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Analysts Offer Insights on Industrial Goods Companies: Delta Air Lines (DAL) and Southwest Airlines (LUV)

Tipranks - Thu Jul 2, 7:18AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Delta Air Lines (DAL) and Southwest Airlines (LUV) with bullish sentiments.

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Delta Air Lines (DAL)

Bank of America Securities analyst Andrew Didora reiterated a Buy rating on Delta Air Lines today and set a price target of $100.00. The company’s shares closed last Tuesday at $93.66.

According to TipRanks.com, Didora is a 3-star analyst with an average return of 2.7% and a 56.6% success rate. Didora covers the NA sector, focusing on stocks such as Camping World Holdings, Norwegian Cruise Line, and Fox Factory Holding. ;'>

Currently, the analyst consensus on Delta Air Lines is a Strong Buy with an average price target of $95.07, which is a 2.1% upside from current levels. In a report issued on June 23, TipRanks – xAI also upgraded the stock to Buy with a $95.00 price target.

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Southwest Airlines (LUV)

In a report released yesterday, Ravi Shanker from Morgan Stanley maintained a Buy rating on Southwest Airlines, with a price target of $60.00. The company’s shares closed last Tuesday at $51.42.

According to TipRanks.com, Shanker is a 4-star analyst with an average return of 2.6% and a 51.0% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, United Airlines Holdings, and Knight Transportation. ;'>

Southwest Airlines has an analyst consensus of Moderate Buy, with a price target consensus of $49.08, which is a -3.7% downside from current levels. In a report issued on June 16, TipRanks – PerPlexity also upgraded the stock to Buy with a $50.00 price target.

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