INSANE: 2 - The Real Truth

Delta Air Lines Inc (NYSE:DAL) and United Airlines Holdings Inc (NASDAQ:UAL) downplayed the prospect of a U.S. economic recession, saying a shift in consumer spending from goods to services would keep their businesses afloat, reported Reuters. Delta Airlines lifted its June quarter's revenue guidance but on a lower capacity than planned. Related: Why Delta Air Lines…

Delta Air Lines Inc's (NYSE:DAL) short percent of float has fallen 12.5% since its last report. The company recently reported that it has 17.87 million shares sold short, which is 2.8% of all regular shares that are available for trading.

Argus analyst John Staszak upgraded Delta Air Lines, Inc. (NYSE: DAL) to Buy from Hold with a price target of $46, implying an upside of 15%.