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Benzinga
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These Analysts Boost Their Forecasts On Delta Air Lines After Better-Than-Expected Q3 Results

1. DAL reported Q3 EPS of $2.17, exceeding estimates by 42 cents. 2. Revenue was $16.7 billion, a 6% year-over-year increase. 3. DAL expects Q4 revenue growth of 2% to 4%. 4. Analyst price targets were raised across multiple firms, indicating bullish sentiment. 5. DAL shares fell 0.1% post-results, closing at $59.53.

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FAQ

Why Bullish?

DAL's strong Q3 performance and revised guidance align favorably with analyst expectations, which historically drives stock growth.

How important is it?

Strong earnings and favorable analyst ratings create upward pressure on DAL's stock price.

Why Short Term?

The immediate impact is linked to positive earnings news, likely leading to short-term gains in stock price.

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