Susquehanna lowered the firm’s price target on JetBlue to $7 from $8 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results nting there has been a marked shift in sentiment away from US domestic-focused carriers, with views incrementally more bearish through the cost curve.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on JBLU:
- RTX’s Pratt & Whitney Engine Recalls Hit Global Airlines
- JetBlue call volume above normal and directionally bullish
- JetBlue and Air Serbia announce new codeshare agreement
- JetBlue: ‘Handful’ of A321neo jets affected by engine issue
- JetBlue: New York margins still lagging 2019 levels by high single digits
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue