Delta chief operations officer departing for another company after just over a year on the job
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 23 2024
0mins
Should l Buy MSFT?
Source: CNBC
Departure of COO: Delta Air Lines' Chief Operating Officer Mike Spanos is leaving the company after just over a year, as he has accepted a position at another firm. His exit follows significant operational disruptions that cost Delta approximately $500 million.
Management Changes: Delta CEO Ed Bastian announced that there will be no replacement for Spanos; instead, John Laughter and Allison Ausband will report directly to him, consolidating leadership within the airline's operations and customer experience divisions.
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Analyst Views on MSFT
Wall Street analysts forecast MSFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSFT is 631.36 USD with a low forecast of 500.00 USD and a high forecast of 678.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
32 Buy
2 Hold
0 Sell
Strong Buy
Current: 413.600
Low
500.00
Averages
631.36
High
678.00
Current: 413.600
Low
500.00
Averages
631.36
High
678.00
About MSFT
Microsoft Corporation is a technology company that develops and supports software, services, devices, and solutions. Its Productivity and Business Processes segment consists of products and services in its portfolio of productivity, communication, and information services, spanning a variety of devices and platforms. It comprises Microsoft 365 Commercial products and cloud services; Microsoft 365 Consumer products and cloud services; LinkedIn, and Dynamics products and cloud services. The Intelligent Cloud segment consists of its public, private, and hybrid server products and cloud services. It comprises server products and cloud services, including Azure, and enterprise and partner services, including Enterprise Support Services. Its More Personal Computing segment primarily comprises Windows and Devices, including Windows OEM licensing; Gaming, including Xbox hardware and Xbox content; Search and news advertising, comprising Bing and Copilot, Microsoft News, and Microsoft Edge.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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