Shares of Delta Air Lines (NYSE:DAL) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $41.39.
The first week of earnings season wraps up with major indices closely tracking the bond market in Wall Street’s version of “follow the leader.” Earnings absolutely matter, but right now the Fed’s policies are maybe a bigger influence. In the short-term the Fed is still the girl everyone wants to dance with.
The return of business travel and expected improvements in company fundamentals have turned Raymond James analysts bullish on Delta, Inc. (NYSE: DAL).
The Delta Analyst: Savanthi Syth upgraded Delta from Market Perform to Strong Buy and set a $58 price target.
Delta Air Lines, Inc. (NYSE: DAL) shares are trading higher after analysts at Raymond James upgraded the stock from Market Perform to Strong Buy and announced a $58 price target.
Big banks continue to hold up their end of the bargain, but the rest of the market doesn’t seem too impressed this morning. Major indices declined overnight amid worries about the Chinese economy, while slipping U.S. bond yields put a little pressure on things, too.
CNBC host Jim Cramer has picked stocks of tech giant Apple Inc. (NASDAQ: AAPL) and thirteen other companies as best plays amid a potential rebound in consumer spending in the U.S.
Today's 5 Stock Ideas (Earnings Season Edition)
Delta Air (DAL) - To issue Q2 earnings on Wednesday, Jul. 14 before market open.
Morgan Stanley (MS) - Will report quarterly earnings before market open