RTX Pops as Pratt & Whitney Expands GTF Capacity, Collins Aerospace Enhances Offerings
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Pratt & Whitney Expansion: Pratt & Whitney has entered agreements with MTU Aero Engines and Delta Air Lines to significantly increase GTF engine overhaul capacities, enhancing service capabilities in the MRO network and introducing new additive manufacturing repairs that could recover $100 million in parts over five years.
Collins Aerospace Innovations: Collins Aerospace is improving its SelfServ platform for passenger check-in and bag drop, integrating biometric solutions for a seamless travel experience, while also showcasing upgrades to cabin seating and wheelchair solutions at the Aircraft Interiors Expo in Hamburg.
Analyst Views on DAL
Wall Street analysts forecast DAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAL is 81.36 USD with a low forecast of 69.00 USD and a high forecast of 90.00 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.
16 Analyst Rating
16 Buy
0 Hold
0 Sell
Strong Buy
Current: 68.950
Low
69.00
Averages
81.36
High
90.00
Current: 68.950
Low
69.00
Averages
81.36
High
90.00
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon, and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary businesses. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel as well as non-jet fuel products.
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.
