Delta Air Lines (DAL) announced the acquisition of 31 Airbus aircraft as part of its ongoing fleet refresh initiative, while analysts continue to deem the stock significantly undervalued.
- Valuation models suggest DAL is trading at a 42.2% discount to its intrinsic value of $117.50.
- The stock is trading at $66.23 (+0.14%) in the open market, following a recent 7-day decline.