Delta Air Lines (DAL) Price Target Raised by Bernstein Analyst |

Bernstein analyst David Vernon has raised the price target for Delta Air Lines (DAL, Financial) from $56 to $61 while maintaining an Outperform rating on the stock. According to the firm, U.S. airlines reported strong first-quarter results despite having already tempered expectations. As bookings showed signs of stabilization at the end of the first quarter and optimism around a trade agreement helped alleviate macroeconomic concerns, the outlook for airlines has improved, though it remains…