Delta Air Lines: Wells Fargo initiates at 'Overweight' Rating, The Target Price is $87

Wells Fargo initiates coverage on 'Overweight' rating on Delta Air Lines(DAL).

The target price is $87.

[Recent Rating]

Date	Agency	Change	Rating	Rating （previously）	Target Price	Target Price（previously）
2025-12-18	Wells Fargo	Initiates Coverage On	Overweight	--	$87	$--
2025-12-12	UBS	Assumes	Buy	--	$90	$75
2025-12-09	BMO Capital	Initiates Coverage On	Outperform	--	$80	$--
2025-12-04	Citigroup	Initiates Coverage On	Buy	--	$77	$--

[Recent Earning Results] Delta Air Lines posted the Q3 of its 2025 financial results on 10/9/2025, reporting total revenue of USD 47361.00 million in the first three quarters, up 2.77% from USD 46084.00 million year over year, reporting net income of USD 3786.00 million in the first three quarters, up 44.84% from USD 2614.00 million year over year.

[Company Profile] Delta Air Lines, Inc. was founded in 1928 and is headquartered in Atlanta, United States. The company provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The company's global route network gives the company a presence in every major domestic and international market. The company's route network is centered around the hub system the company operates at airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-JFK, Paris-Charles de Gaulle, Salt Lake City and Tokyo-Narita. Each of these hub operations includes flights that gather and distribute traffic from markets in the geographic region surrounding the hub to domestic and international cities and to other hubs. The company's network is supported by a fleet of aircraft that is varied in terms of size and capabilities, giving the company flexibility to adjust aircraft to the network.