Barclays analyst Brandon Oglenski raised the firm’s price target on Delta Air Lines to $44 from $38 and keeps an Overweight rating on the shares. as part of his Q4 preview. Airline stocks are discounting an eventual slowdown in demand, but better leveraging of cost structures through capacity growth and lower than feared jet fuel prices "could be powerful favorable offsets" in 2023, Oglenski tells investors in a research note.
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