JP Morgan Maintains Neutral on JetBlue Airways, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jamie Baker has maintained a Neutral rating on JetBlue Airways (NASDAQ:JBLU) and lowered the price target from $7 to $6.
April 24, 2024 | 3:22 pm
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JP Morgan analyst Jamie Baker maintains a Neutral rating on JetBlue Airways and lowers the price target from $7 to $6.
The reduction in the price target by JP Morgan reflects a bearish outlook on the stock's short-term price potential. Given the influence of analyst ratings and price targets on investor sentiment, this adjustment is likely to exert downward pressure on JetBlue's stock price in the short term.
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