UPDATE: Dahlman Rose Downgrades JetBlue Airways to Sell - JetBlue Airways (NASDAQ:JBLU)

27% profit every 20 days?

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According to Dahlman Rose, JetBlue Airways (NYSE: 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.

27% profit every 20 days?

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