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Goldman Sachs Maintains Sell on JetBlue Airways (JBLU)

March 5, 2013 10:24 AM EST Send to a Friend
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Price: $8.36 -2.68%

Rating Summary:
    6 Buy, 10 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 21 | Down: 10 | New: 7
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Goldman Sachs today maintained a Sell rating JetBlue Airways (NASDAQ: JBLU) price target of $5.60.

"We remain cautious on JBLU stock which has underperformed our airline coverage ytd-2013. In our view, the stock may continue to lag its peers, as we expect stronger EPS growth in other airlines that we cover," said analyst Tom Kim.

Kim warned that there is downside risk if demand falls short of expectations this month.

For an analyst ratings summary and ratings history on JetBlue Airways (NASDAQ: JBLU) click here. For more ratings news on JetBlue Airways click here.

Shares of JetBlue Airways closed at $6.34 yesterday.




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