Delta Air Lines Stock Rallies on New Guidance—Can It Keep Going?

Delta Air Lines TodayDALDelta Air Lines $55.77 -2.34 (-4.03%) 52-Week Range$ 34.74▼ $69.98Dividend Yield1.08%P/E Ratio8.08Price Target$ 66.21Add to WatchlistThe way the broader S&P 500 index has been headed lately (higher and higher) brings about a new narrative importance for markets to justify today’s valuations and the assumptions that need to become true if the entire market is set to keep going. One of these narratives and assumptions is that earnings will keep expanding, as earnings per share (EPS) are m ...