Delta Air Lines climbs after analyst Lebenthal endorsement
A noteworthy analyst endorsement triggered a ~2% intraday move for DAL, suggesting possible short-term upside if the narrative maintains momentum and travel demand strengthens.
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A noteworthy analyst endorsement triggered a ~2% intraday move for DAL, suggesting possible short-term upside if the narrative maintains momentum and travel demand strengthens.
What happened, with direct paths to the underlying reporting
Jim Lebenthal recommended Delta Air Lines on CNBC's Halftime Report Final Trades, signaling near-term upside. The stock rose about 2% as positive broker commentary surfaces, following Barclays' Overweight rating with a reduced price target of $95. The backdrop includes a broader travel-recovery environment and DAL's potential to benefit from improving pricing power.
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