On Tuesday, UBS resumed coverage on Delta Air Lines (NYSE:) with a positive outlook, issuing a Buy rating and setting a price target of $88.00 per share.
The firm anticipates Delta Air Lines to capitalize on its premium services, expand available seat miles (ASMs), and utilize its leading loyalty program to drive mid-single-digit percentage revenue growth in 2025 and 2026. This growth is expected to result in margin expansions of 160 basis points in 2025 and 40 basis points in 2026.
UBS…
