Jefferies adjusted its price target for Delta Air Lines on Tuesday, lowering it from $74 to $72. Despite the reduction in the target price, the investment firm maintained its "Buy" rating on the airline's stock, signaling continued confidence in its performance. This type of analyst rating update is a routine part of market coverage. There was no significant market reaction reported in the available news. The adjustment reflects a minor recalibration of valuation expectations rather than a fundamental shift in the analyst's positive outlook for the company. The consensus rating for Delta among analysts remains a strong "Buy."
Jefferies Trims Delta Air Lines Price Target to $72, Maintains Buy Rating
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