Dahlman Rose Positive On Airline Stocks (DAL, ALK, LCC)

In a research report, Dahlman Rose & Co. writes they are positive on the airlines, and Delta DAL, Alaska ALK and U.S. Airways LCC specifically. In the report, Dahlman Rose writes, "We continue to believe that the focus should be on the companies with increasing revenues, moderate cost increases, and improving balance sheets. Delta and Alaska Air are using free cash flow to pay down debt, and for the first time in three years, US Airways is not looking to raise capital." Dahlman Rose has price targets on the companies at $16 for Delta, $60 for Alaska Air and $14 for U.S. Airways, respectively. Shares of all three companies are currently trading higher on the day.