Delta Air Lines Likely To Report Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Delta Air Lines, Inc. DAL is expected to report its June quarter 2023 financial results, before the opening bell on July 13, 2023.

Analysts expect the company to post quarterly earnings at $2.37 per share, up from year-ago earnings of $1.44 per share. The company’s revenue might come in at $14.45 billion.

Delta Air shares rose 0.4% to close at $48.66 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Deutsche Bank analyst Michael Linenberg maintained a Buy rating and increased the price target from $47 to $58 on June 28, 2023. This analyst sees around 19% upside in the company’s stock and has an accuracy rate of 76%.
• Goldman Sachs analyst Catherine O’Brien maintained a Buy rating and raised the price target from $42 to $52 on June 28, 2023. This analyst sees around 7% upside in the company’s stock and has an accuracy rate of 62%.
• Raymond James analyst Savanthi Syth maintained a Strong Buy rating and increased the price target from $54 to $57 on June 26, 2023. This analyst sees around 17% upside in the company’s stock and has an accuracy rate of 68%.
• JP Morgan analyst Jamie Baker maintained an Overweight rating and cut the price target from $91 to $69 on May 8, 2023. This analyst sees around 42% upside in the company’s stock and has an accuracy rate of 65%.
• Evercore ISI Group analyst Duane Pfennigwerth upgraded the stock from In-Line to Outperform and boosted the price target from $40 to $47 on March 7, 2023. This analyst sees around 3% downside in the company’s stock and has an accuracy rate of 66%.

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