Citigroup lowered its price target for Delta Air Lines to $77 from $87. The financial institution reaffirmed its Buy rating for the airline despite the adjustment.
Delta executives report strong travel demand across the industry. The carrier is raising ticket fares to offset the impact of surging jet fuel prices.
Analysts have increased 2026 earnings estimates for major U.S. airlines. This growth outlook is supported by the industry's demonstrated ability to maintain pricing power.