According to a research report published this morning, Dahlman Rose has upgraded JetBlue Airways JBLU from Sell to Hold.
Dahlman Rose commented in the report, "We are upgrading JetBlue to a Hold from a Sell and believe there is limited downside risk to the shares. Maintenance costs will continue to be a major area of concern as JetBlue's fleet continues to age. We believe JetBlue's revenue growth will cover the rising costs."
JetBlue Airways closed yesterday at $4.65.
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