Delta Air Lines (NYSE:DAL) Shares Gap Down Following Analyst Downgrade
Delta Air Lines, Inc. (NYSE:DAL) shares gapped down prior to trading on Thursday after Morgan Stanley lowered their price target on the stock from $63.00 to $59.00. The stock had previously closed at $55.89, but opened at $53.92. Morgan Stanley currently has an equal weight rating on the stock. Delta Air Lines shares last traded at $53.10, with a volume of 21,734,342 shares changing hands.
DAL has been the topic of several other reports. Berenberg Bank initiated coverage on Delta Air Lines in a research report on Friday, September 6th. They issued a “buy” rating and a $72.00 target price on the stock. Buckingham Research cut Delta Air Lines from a “buy” rating to a “neutral” rating and lowered their target price for the company from $74.00 to $58.00 in a research report on Thursday, Oc ...