Barclays Maintains an 'Equalweight' on JetBlue (JBLU); Stronger Than Expected September RASM

October 12, 2011 12:59 PM EDT
Get Alerts JBLU Hot Sheet
Price: $4.89 +3.16%

Rating Summary:
    2 Buy, 19 Hold, 7 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Barclays maintains an 'Equalweight' on JetBlue Airways (NASDAQ: JBLU) price target of $6.00.

Barclays analyst says, "The carrier's stronger-than-expected September RASM gain of +13% is consistent with the revenue strength we saw from all carriers for the month of September...Our 3Q EPS estimate rises from $0.12 to $0.13 on the higher than expected RASM results. Our 4Q estimate remains at a loss of $0.10 and our FY12 EPS estimate is also unchanged at $0.25."

For more ratings news on JetBlue Airways click here and for the rating history of JetBlue Airways click here.

Shares of JetBlue Airways closed at $4.28 yesterday.


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