Why Delta And Spirit Could Have At Least 50% Upside
Delta Air Lines | January 06, 2016
Delta Air Lines
After factoring in a 1 percent dividend yield, the experts issued a Buy rating and $75 price target on shares of Delta, implying an upside of roughly 55 percent from current valuations. The analysts decided to boost their 4Q15 EPS estimate by a nickel on a lower tax rate. They now expect earnings of $1.20 per share.Going forward, a choppy revenue outlook for the first quarter, which is likely to be disappointing, suggests “choppy stock performance this winter,” according to the note.