Delta Airlines (DAL) said the rise in oil prices in the last month will crimp their ability to be profitable in the fourth quarter, explains Colin Scarola of CFRA Research. CFRA has a strong buy rating on Delta with a price target of $55. CFRA forecasts a 2022 EPS of $4.31 on Delta. CFRA has a strong buy rating on Southwest Airlines (LUV) with a price target of $71. Colin says CFRA forecasts a 2022 EPS of $3.30 for Southwest.
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