Morgan Stanley Lifts PT on Delta Air Lines, Inc. (DAL)

Delta Air Lines, Inc. (NYSE:DAL) is one of the top cheap stocks with Strong Buy ratings on Wall Street. Morgan Stanley lifted the price target on Delta Air Lines, Inc. (NYSE:DAL) to $105 from $90 on June 1 and reaffirmed an Overweight rating on the shares.

In a separate development, Delta Air Lines, Inc. (NYSE:DAL) announced on May 13 the expansion of its trans-Atlantic schedule this fall, with the addition of special flights to Madrid and Munich for two major international professional football games taking place in November. The airline stated that it will operate four additional round-trip flights between Europe and the United States, offering increased flexibility and options for customers during a peak travel period driven by strong demand.

Delta Air Lines, Inc. (NYSE:DAL) will add two additional nonstop flights to Madrid (MAD) from Atlanta, operating Nov. 4 and Nov. 5, with return service on Nov. 9. From Detroit, the airline will introduce two additional nonstop flights to Munich (MUC), both departing Nov. 11 and returning Nov. 16. All four flights will be operated on Delta’s Airbus A330 aircraft.

Delta Air Lines, Inc. (NYSE:DAL) provides scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments.

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