CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target of $55, up $7, is 7.7x our ’25 EPS view (down to $7.16 from $7.41; ’24’s cut to $6.15 from $6.51), below DAL’s historical average. We think a discount is merited due to ongoing issues with Boeing (BA 173 **), causing further delays in new aircraft deliveries for DAL (expected deliveries of 20 737 MAX 10 variants in ’25, now likely delayed to ’27, per DAL). Q1 EPS of $0.45 vs. $0.25, beat consensus by $0.08. Q1 revenues were up 8% Y/Y, driven by its international segment (+12%), while capacity grew 7% Y/Y. DAL reiterated its ’24 outlook (EPS in the range of $6-$7/share; FCF in the range of $3B-$4B). The EIA forecasts WTI to average $84/b in ’24 vs. $78/b in ’23; DAL