Movement Alert|Delta Air Lines Rises 3.14% in Regular Trading, Multiple Banks Raise Price Targets Amid Broad Airline Sector Strength

Market Focus
Sep 26

On September 25, Delta Air Lines rose 3.14% in regular trading, trading at $85.425/share, with turnover of approximately $187 million. The rally was driven by a wave of bullish analyst actions and strong sector-wide momentum.

On the news front, UBS raised its price target on Delta Air Lines to $105 from $99, maintaining a Buy rating. Rothschild & Co Redburn also lifted its target to $105 from $104, keeping a Buy rating. According to FactSet, the consensus analyst rating stands at Buy with a mean price target of $105.76, implying roughly 27% upside from current levels. Notably, Seaport Global Securities adjusted its target to $95 from $108 while retaining its Buy rating, reflecting a more cautious but still constructive stance.

Institutional flows further bolstered sentiment, with Berkshire Hathaway increasing its Delta stake by 44% to 57.3 million shares in the second quarter. Meanwhile, the broader Airlines sector traded firmly higher, with American Airlines up 4.53%, United Airlines up 3.87%, Alaska Air up 3.72%, and Southwest Airlines up 2.45%, underscoring broad-based sector strength. Delta also maintained its quarterly dividend at $0.215 per share, payable November 5.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10