Delta Air Lines (DAL) is set to provide investors with their first major hint as to whether higher airfares are still holding.
That's important since airline stocks have been squeezed by two competing pressures in 2026. Unpredictable fuel prices have offset strong travel demand.
Now Bank of America believes the setting appears better than feared.
BofA upped price targets for the airline group in a July 1 research report reviewed by TheStreet, suggesting steady demand, stronger fares and reduced fuel costs may support greater profitability into second-quarter results.
The brokerage boosted its price target for Delta to $100 from $93 and for United Airlines Holdings (UAL) to $150 from $145. It also boosted objectives on American Airlines Group, Southwest Airlines, Alaska Air Group, JetBlue Airways, Frontier Group Holdings and Allegiant Travel.
That's important since airline stocks have been squeezed by two competing pressures in 2026. Unpredictable fuel prices have offset strong travel demand.
Now Bank of America believes the setting appears better than feared.
BofA upped price targets for the airline group in a July 1 research report reviewed by TheStreet, suggesting steady demand, stronger fares and reduced fuel costs may support greater profitability into second-quarter results.
The brokerage boosted its price target for Delta to $100 from $93 and for United Airlines Holdings (UAL) to $150 from $145. It also boosted objectives on American Airlines Group, Southwest Airlines, Alaska Air Group, JetBlue Airways, Frontier Group Holdings and Allegiant Travel.
3 months ago
