Goldman Sachs analyst Catherine O’Brien resumed coverage of Delta Air Lines (DAL) with a Buy rating and $83 price target Delta is forecasted to produce one of the industry’s top margins in 2024, bolstered by its exposure to premium and corporate revenue strength, profitable and durable non-airline revenue streams, and longer-term tailwinds from its segmentation strategy, the analyst tells investors in a research note. The firm likes the company’s royalty revenue growth and exposure to outperforming premium demand.
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