1 Wall Street Analyst Thinks Delta Air Lines Stock Is Going to $85. Is It a Buy?
Delta Air Lines (NYSE: DAL) stock has at least 76% upside potential over the next 12 months or so, according to a Morgan Stanley analyst who raised the company's stock price target from $75 to $85 recently while retaining an "overweight" rating on the stock. It gets better; in Morgan Stanley's "bull case" scenario, the stock could go to $110. Delta stock currently trades around $42.
It's never a good idea to slavishly follow Wall Street analyst estimates. All it will take is reports of a decline in air travel amid a global economic slowdown, and analysts will rush to slash estimates -- a real possibility in the highly cyclical airline industry.
That said, Delta Air Lines is a highly attractive stock. It's a play on the ongoing recovery in the air travel industry. Its growing focus on the premium customer is also transforming its profit potential.
Source Fool.com
travel BV ADR Stock
The community is currently still undecided about travel BV ADR with 2 Buy predictions and 0 Sell predictions.
Based on the current price of 0.56 € the target price of 3 € shows a potential of 439.57% for travel BV ADR which would more than double the current price.
