Citi raised the firm’s price target on Delta Air Lines (DAL) to $76 from $65 and keeps a Buy rating on the shares. The firm shifted the stock’s target multiple from 9-times to 10.5-times. The firm says that although Delta and United (UAL) remain its favorite U.S. airline carriers, it elevated American Airlines (AAL) in the rank order.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
