Delta Air Lines (DAL) stock showed stable performance, closing up a modest 0.28% at $67.41, driven by healthy demand outlook for the upcoming months and a wave of recent analyst upgrades.
- Upgrades from firms including Citi and BMO Capital set price targets ranging from $74 to $80, bolstering investor confidence.
- The stock is trading above key support levels, with technical analysis suggesting potential resistance targets between $69.45 and $82.25.
- The positive fundamental outlook persists despite ongoing industry challenges, including rising fuel costs and labor shortages.