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Fly News Breaks for June 20, 2017
DAL
Jun 20, 2017 | 07:48 EDT
Atlantic Equities analyst Lindsay Bettiol initiated Delta Air Lines with an Overweight, a $68 price target, and named its a top pick. The analyst likes the company's dominate position at its major hubs, flexible cost structure, strong balance sheet, and above peer free cash flow. Bettiol believes Delta provides exposure to improving margins while protection to the downside, should macroeconomic conditions worsen.
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