Delta Stock Outlook Shifts | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Jul 8, 2026 · 2m

Raymond James downgrades Delta Air Lines from “strong buy” to “outperform” ahead of its Q2 earnings, citing a stock that’s surged too far too fast — but still believes in its long-term potential. Analyst Savanthi Syth highlights Delta’s solid balance sheet, rising dividends, and growing maintenance services, while noting the current price is closer to the firm’s $104 target than before. With lower fuel costs and strong travel demand boosting the airline sector, investors are watching closely for signs Delta’s rally is sustainable — especially around premium travel demand, profit guidance, and…