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JetBlue price target lowered to $3.50 from $4.25 at BofA

BofA lowered the firm’s price target on JetBlue (JBLU) to $3.50 from $4.25 and keeps an Underperform rating on the shares. The firm lower its Q2 loss per share estimate to (24v) from (13c) and its 2025 forecast to ($1.18) from ($1.14) after considering the domestic trends outlined by peers Delta (DAL) and Frontier (ULCC) last week.

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