Deutsche Bank Upgrades JetBlue Airways to Buy, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Michael Linenberg upgraded JetBlue Airways (NASDAQ:JBLU) from Hold to Buy and increased the price target from $4 to $9.

February 20, 2024 | 11:15 am
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JetBlue Airways was upgraded by Deutsche Bank from Hold to Buy, with the price target raised from $4 to $9.
An upgrade from Hold to Buy typically signals a positive outlook on the stock by analysts, suggesting an expectation of outperformance in the near term. The doubling of the price target from $4 to $9 is a significant upward revision, indicating a strong conviction in the stock's potential for growth. This is likely to generate positive investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100