An analyst from Seeking Alpha has maintained a Buy rating on Delta Air Lines, setting a price target of $64, which suggests a 9.6% upside. This positive outlook is supported by Delta's record-breaking third-quarter revenue and profitability, which were driven by strong demand for premium products, effective cost controls, and lower fuel prices. The investment thesis also hinges on the company's positive guidance for the fourth quarter and the full fiscal year of 2025. Management has raised its forecast for free cash flow and expects earnings per share to be around the $6.00 mark for 2025. The analyst believes that if Delta continues to demonstrate stable results, the market may re-evaluate the stock, leading to a significant upward revaluation.