DAL | 15 May 2024 | AI Stock Analysis & News

Delta Air Lines Inc (NYSE:DAL) saw a surge in options trading and insider selling, potentially impacting the stock price.

Stock AI’s forecasts:
🔴 -6.9% short-term ⬇️
🔴 -3.8% long-term ⬇️

Stock AI’s (DAL) Forecast get (+17.2% Profit)

StockAI’s analysis delivers real-world results. On 12 March 2024, $DAL ($41.8), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $49.0 (🟢17.2%). Buying DAL on this signal yielded a +17.2% profit 💰💰.

DAL-Delta Air Lines, Inc. News

🔴 Delta Air Lines Inc EVP Peter Carter sold 50,000 shares of the company. 🔴 Analysts at HSBC initiated coverage on Delta Air Lines with a “buy” rating. 🔴 Delta Air Lines declared a quarterly dividend. 🔴 Delta Air Lines Director Willie Cw Chiang acquired 10,000 shares. 🔴 Delta Air Lines issued an update on its FY 2024 earnings guidance. 🔴 Delta Air Lines President Glen W. Hauenstein sold 100,000 shares.

The recent news surrounding Delta Air Lines Inc stock has been a mixed bag of positive and negative developments. While the EVP and President selling significant amounts of shares may raise concerns among investors, the initiation of coverage with a “buy” rating by HSBC and the declaration of a quarterly dividend are positive signals.

The acquisition of shares by Director Willie Cw Chiang also indicates confidence in the company’s future performance. However, the update on the FY 2024 earnings guidance may have contributed to a more cautious outlook, especially with a potential decrease in earnings per share.

Overall, the market sentiment towards Delta Air Lines stock seems to be influenced by a combination of factors, with investors weighing the impact of insider selling against positive analyst ratings and dividend declarations. The stock price may experience fluctuations in the short term as investors react to these mixed signals.

DAL-Delta Air Lines, Inc. Analyst Ratings

📈 Morgan Stanley reissued their overweight rating on shares of Delta Air Lines (NYSE:DAL) with a price target of $85.00.

📉 HSBC began coverage on Delta Air Lines (NYSE:DAL) with a “buy” rating and a price target of $72.80.

📈 Zacks Research raised their Q2 2024 earnings per share estimates for Delta Air Lines (NYSE:DAL) in a recent report.

1. Morgan Stanley
3. Zacks Research


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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