Shares of JetBlue Airways Corporation JBLU have been quite volatile in 2016, but are ultimately down 7.3 percent year-to-date. However, the past five trading days saw the stock gain 9.6 percent, and investors seem encouraged.
Consequently, top raters at the Vetr community decided to upgrade their rating on the stock from 3.5 Stars to 5.0 Stars -- out of a possible 5.0 Stars rating.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
The new rating better reflects the crowd’s average price target of $24.75, which implies an 18 percent upside potential from current valuations.
Finally, investors should notice that 88 percent of the crowd's ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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