• Delta Air Lines (NYSE:DAL) receives a bullish price target from HSBC, suggesting a potential increase of 35.48%.
• Anticipated revenue decrease in Q4 due to reduced travel demand around the presidential election.
• Current trading shows modest increase and volatility, with a significant market capitalization of approximately $32.64 billion.

Delta Air Lines (NYSE:DAL) is a major American airline, providing air travel services across the globe. It competes with other large airlines like American Airlines and United Airlines. On October 11, 2024, Achal Kumar from HSBC set a price target of $68.30 for Delta, suggesting a potential increase of 35.48% from its current price of $50.42.

Despite this optimistic target, Delta anticipates a slight revenue decrease in the fourth quarter due to the upcoming presidential election. The airline expects reduced travel demand around the election period, which could impact its financial performance. This announcement may influence investor sentiment and stock performance in the short term.

Currently, Delta's stock is trading at $50.57, showing a modest increase of 0.56% with a price change of $0.28. The stock has fluctuated between $49.44 and $50.81 today, indicating some volatility. Over the past year, Delta's stock has ranged from a low of $30.60 to a high of $53.86, reflecting its market dynamics.

Delta Air Lines has a market capitalization of approximately $32.64 billion, highlighting its significant presence in the airline industry. The trading volume stands at 3,550,815 shares, suggesting active investor interest. These figures provide insight into the company's market position and investor engagement.