Boston, MA 02/05/2014 (wallstreetpr) – Delta Air Lines, Inc. (NYSE:DAL) has had its price objective boosted by analysts at Barclays who have now planted price target of $34 on the stock, up from $38 in the previous view. Barclay’s new price target indicates a potential upside of about 29 percent from the previous close. The rating agency currently has an “overweight” view on DAL. This new rating was disclosed on Tuesday. Previously, analysts at JPMorgan Chase (NYSE:JPM) hiked their price target on DAL from $35 to $40. The race to hoist sentiments on DAL do not come as a surprise given that the airline spent the better part of 2013 retooling its operations in order to realized better revenue and cut on costs, thus setting its future on a clear path. Delta Air Lines, Inc. (NYSE:DAL) gained 56 cents per share in Tuesday’s trading to close $29.94.
Wells Fargo & Co (NYSE:WFC) begins trading ex-dividend today February 5. The company had previously announced cash dividend payment of $0.3 per share to be paid on March 1. The dividend captures shareholders who acquired the stock prior to the ex-dividend date. With the $0.3 cash dividend payment, WFC will have paid the same amount for dividend for four straight quarters. The stock remains among the closely watched by traders having reported better than expected fourth quarter and fiscal 2013 results in the past weeks. Wells Fargo & Co (NYSE:WFC) closed up at $44.77 on Tuesday after gaining 34 cents on each share.
Twenty-First Century Fox Inc (NASDAQ:FOXA) has earned a “buy” rating from TheStreet and Hanson. TheStreet reiterated its position on the stock while Hanson hiked its view in the latest notes to investors. The company’s improving fundamentals are cited as potential strength areas which should be able to outweigh any underlying challenges in the stock. Twenty-First Century Fox Inc (NASDAQ:FOXA) emerged from Tuesday’s trading strong after gaining 2.2 percent to hit $31.56 per share.
