Originally Posted by
slowplay
There is no need for being disturbed in my view. The stock price was $4 and change in March, 2009 and Delta didn't furlough a single pilot. On June 27 Delta guided for a profitable second quarter and 2011. The stock price is reacting to a host of analysts lowering earnings and geopolitical events completely out of the control of our company. jmo.
Check your sources, Sir. According to one stock evaluation service
as of today 10 of 14 analysts have DAL listed as a "buy" or "strong buy". Only 2 rate Delta as "underperform" or "sell". One analyst even recently raised his estimated price target to $20 after DAL failed to reach his previous price targets of $14 and $16 respectively.
The fall out from downgrades is still out there.