JetBlue Airways shares are trading higher after B of A Securities upgraded the stock from Underperform to Neutral and raised its price target from $3 to $6.
Portfolio Pulse from Benzinga Newsdesk
JetBlue Airways shares rose following an upgrade by B of A Securities from Underperform to Neutral, with a price target increase from $3 to $6.
September 09, 2024 | 3:57 pm
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POSITIVE IMPACT
JetBlue Airways shares increased after B of A Securities upgraded the stock from Underperform to Neutral and raised the price target from $3 to $6.
The upgrade from Underperform to Neutral by a major financial institution like B of A Securities is likely to boost investor confidence, leading to a positive short-term impact on JetBlue's stock price. The increase in the price target from $3 to $6 further supports this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100