Loading...
Loading...
According to Dahlman Rose, JetBlue Airways
JBLU is downgraded to Sell.
Dahlman Rose said that JetBlue is trading at a premium to its direct peers (Southwest and Alaska Air Group), despite being less profitable. “We are downgrading JetBlue to Sell from Hold with a price target of $4.50, which is 13x our preliminary 2012 EPS estimate of $0.35/per share (our previous 2012 estimate was $0.45).”
Jetblue Airways closed on Friday at $5.49.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in