Delta Air Lines price target raised to $100 from $85 at Morgan Stanley

Morgan Stanley analyst Ravi Shanker raised the firm’s price target on Delta Air Lines (DAL) to $100 from $85 and keeps an Overweight rating on the shares. The company’s Q4 and 2025 guidance were consistent with expectations, which is a positive, while early 2025 commentary “sounds very encouraging,” the analyst tells investors. Delta’s investor day “effectively drove home the message that they are different than peers (in more ways than just the premium product)” and also emphasized the strength and durability of the franchise, contends the analyst, who believes the event “should be an important turning point in how investors are likely to view the stock.”