Analysts Are Increasing Price Targets of These 5 Stocks

02. Delta Air Lines, Inc. (NYSE:DAL)

Upside Potential: 28%

Delta Air Lines, Inc. (NYSE:DAL) is one of America’s major airlines. The company provides services in domestic and international travel in over 60 countries. Barclays increased Delta Air Lines, Inc. (NYSE:DAL) price target from $48 to $55 and maintained an Overweight rating on the stock. In a research note, the analyst mentioned that the company’s investor day is expected to emphasize potential earnings growth in the near term and its commitment to offering a unique travel experience for customers. Barclays also highlighted that Delta’s long-term earnings per share targets could exceed $10 with optimistic assumptions. David Vernon from Bernstein also reiterated his Buy rating on Delta Air Lines, Inc. (NYSE:DAL) and set a price target of $58.00. The stock’s closing price on June 23 was $42.86; thus, with a new target price of $55, it has an upside potential of 28%.