On September 14, Delta Air Lines fell 3.08% in pre-market trading, trading at $77.50/share, with turnover of $1.4549 million.

On the news front, Barclays cut its price target on Delta Air Lines to $95 from $105. This follows a series of recent analyst downgrades, including UBS lowering its target to $99 from $112 while maintaining a Buy rating, and BNP Paribas trimming its target to $105 from $115. Raymond James also previously reduced its target to $98 from $104. The average analyst price target currently stands at approximately $107.15.

Meanwhile, U.S. crude oil prices recently surged above $100 per barrel, significantly increasing jet fuel costs, which typically account for 30%-40% of airline operating expenses and directly compress profit margins. UBS noted that rising fuel prices combined with severe weather-related operational disruptions may cause several major U.S. carriers to miss third-quarter earnings expectations. The broader airline sector is under pressure, with United Airlines down 3.41%, Joby Aviation down 3.45%, American Airlines down 2.63%, Southwest Airlines down 2.24%, and Alaska Air down 1.66%.

Notably, Berkshire Hathaway increased its stake in Delta Air Lines by 44.0% to 57.3 million shares in August, signaling long-term institutional confidence despite near-term headwinds.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)