Dahlman Rose Upgrades JetBlue Airways (JBLU) to Hold; Limited Downside At This Point
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Price: $4.83 +1.90%
Rating Summary:
2 Buy, 19 Hold, 7 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
2 Buy, 19 Hold, 7 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Dahlman Rose upgraded JetBlue Airways (NASDAQ: JBLU) from Sell o Hold.
Analyst, Helane Becker, said, "We are upgrading JetBlue to a Hold and believe
there is limited downside risk to the shares. Maintenance costs will continue to be a major area of concern as JetBlue's fleet continues to age. We believe JetBlue's revenue growth will cover the rising costs."
Becker now sees Q2 EPS at $0.14, FY12 at $0.45 and FY13 at $0.55.
For an analyst ratings summary and ratings history on JetBlue Airways click here. For more ratings news on JetBlue Airways click here.
Shares of JetBlue Airways closed at $4.65 yesterday.
Analyst, Helane Becker, said, "We are upgrading JetBlue to a Hold and believe
there is limited downside risk to the shares. Maintenance costs will continue to be a major area of concern as JetBlue's fleet continues to age. We believe JetBlue's revenue growth will cover the rising costs."
Becker now sees Q2 EPS at $0.14, FY12 at $0.45 and FY13 at $0.55.
For an analyst ratings summary and ratings history on JetBlue Airways click here. For more ratings news on JetBlue Airways click here.
Shares of JetBlue Airways closed at $4.65 yesterday.
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