Delta Air Lines stock rated Buy by Citi, focuses on revenue growth and favorable market trends By In…

On Tuesday, Citi analysts adjusted their outlook on Delta Air Lines (NYSE:) shares, raising the price target to $80 from the previous $77, while reiterating a Buy rating on the stock. The new target reflects a series of forecast adjustments for the airline, which include expectations for higher revenue per available seat mile (RASM), long-term projections of slightly lower fuel prices, increased taxation, a minor rise in share count, and the incorporation of fourth-quarter 2024 results into…