Delta Air Lines, Inc (DAL)

[KingDMC]

Deutsche Bank warns on international airline sales
Apr 1 2015, 06:53 • SA Editor Clark Schultz

Deutsche Bank downgrades three airlines on concerns international sales for the trio will disappoint.

Delta Air Lines (NYSE:DAL) is moved to Hold from Buy and assigned a price target of $50 from $60.

American Airlines Group (NASDAQ:AAL) is also cut to Hold and has its PT sliced to $58 from $78.

United Airlines (NYSE:UAL) goes to Hold from Buy with a price target reduction to $70 from $85.

The strong U.S. dollar will cut into international passenger revenue per available seat miles, warns DB.