Deutsche Bank views the post-earnings selloff in shares “a bit much.” The firm says JetBlue (JBLU) has proven initiatives that should facilitate a return to profitability. Furthermore, the company “has more than enough liquidity to stay the course,” the analyst tells investors in a research note. Deutsche believes yesterday’s selloff “was extreme and did not fully discount the company’s latest outlook and potential earnings trajectory.” As such, it keeps a Buy rating on JetBlue with a $6 price target
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