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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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