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UBS upgraded Delta Air Lines Inc. (NYSE:DAL) from Neutral to Buy while increasing its price target from $46 to $66 on Monday. Analyst Thomas Wadewitz particularly highlighted improved international revenue prospects for the company. This shift comes from eased trade tensions with China and a favorable agreement with the UK.
An aerial view of a commercial aircraft taking off from a coastal hub.
UBS analysts are confident in Delta's international and premium flight revenue recovery. This is because the economy seems steadier now, and the US stock market has recently improved. Delta's Q1 2025 results were reported on April 9 and showed pre-tax earnings of $382 million, or $0.46 per share. This totaled $13 billion in revenue, which was a 3.3% increase year-over-year. Delta Air Lines Inc. (NYSE:DAL) provides scheduled air transportation for passengers and cargo in the US and internationally. It operates through two segments: Airline and Refinery.
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Disclosure: None. This article is originally published at Insider Monkey.