This article examines the reliability of brokerage recommendations for Delta Air Lines (DAL), noting that while brokers rate DAL highly, these recommendations often have a positive bias. It introduces the Zacks Rank as a more dependable indicator of stock performance, emphasizing its reliance on earnings estimate revisions rather than potentially biased brokerage opinions. The article concludes by suggesting caution with DAL’s “Buy-equivalent” average brokerage recommendation, given its current Zacks Rank #3 (Hold).
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Delta (DAL) Is Considered a Good Investment by Brokers: Is That True?
This article examines the reliability of brokerage recommendations for Delta Air Lines (DAL), noting that while brokers rate DAL highly, these recommendations often have a positive bias. It introduces the Zacks Rank as a more dependable indicator of stock performance, emphasizing its reliance on earnings estimate revisions rather than potentially biased brokerage opinions. The article concludes by suggesting caution with DAL’s “Buy-equivalent” average brokerage recommendation, given its current Zacks Rank #3 (Hold).