Delta Air Lines Q1 earnings exceeded predictions, predicting ahead-of-consensus earnings for Q2 and 2024, prompting analysts to raise price targets.
Delta Air Lines reported strong Q1 earnings, beating analyst predictions by $0.10, and predicting ahead-of-consensus earnings for Q2 and 2024. Wall Street analyst Susquehanna's Christopher Stathoulopoulos raised his price target on Delta stock to $55, and several other analysts agreed. If correct, this could result in a 17% gain over the next 12 months. Delta is optimizing operations for improved efficiency and profits, which could lead to a higher stock price.
April 15, 2024
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