The S & P 500 and Nasdaq Composite rallied to all-time highs Wednesday as a lighter-than-expected April consumer inflation report fueled investor sentiment.
Analysts' consensus price target on United Airlines give the company the highest potential upside of the lot, at roughly 24%.
HSBC analyst Achal Kumar recently initiated coverage on Delta alongside peers United Airlines and American Airlines , but named Delta its preferred stock in the sector.
Kumar's $72.80 price target suggests 37% potential upside for the stock.
The company posted a strong fiscal third-quarter report, which led Benchmark analyst Mark Miller to upgrade shares to buy last month.
Persons:
Achal Kumar, Delta, Kumar, Mark Miller, General Motors
Organizations:
Nasdaq, Dow Jones, CNBC, Delta Air Lines, United Airlines, HSBC, Delta, American Airlines, Western, Automotive, General, Wall Street, Citigroup, Bank of America
Locations:
Delta