Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

CS First Boston Upgrades Delta to 'Outperform'

Credit Suisse First Boston upgraded Delta Air Lines (DAL) to outperform from neutral.

Analyst James Higgins says his upgrade is based on the belief that in the midst of a deteriorating environment for the airline industry, Delta should beat peers' performance. He says the company's liquidity, operating costs and balance sheet are relatively strong. Higgins notes the usefulness of Delta's new low-cost carrier. He cautions that the industry could be hurt by the U.S.'s potential move closer to a war with Iraq.

Higgins believes the broader revenue outlook is improving less quickly than his 2003 forecasts, pointing to possible downward revisions. He is keeping his $8.55 2002 loss estimate and his $4.00 2003 loss estimate. He is keeping his $21 target.

blog comments powered by Disqus