JetBlue Airways (JBLU) PT Raised to $25 at Cowen; 'Management Optimistic About Leisure Demand'
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Price: $5.61 +2.19%
Rating Summary:
3 Buy, 20 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 13 | New: 23
Rating Summary:
3 Buy, 20 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 13 | New: 23
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Cowen raised its price target on JetBlue Airways (NASDAQ: JBLU) to $25.00 (from $24.00) while maintaining a Market Perform rating, following the company's second quarter earnings announcement.
Helane Becker notes the company delivered second quarter earnings per share and revenues results above consensus projections, driven by improving cost savings and revenue increases, despite facing operational challenges in New York.
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