Evercore ISI analyst Duane Pfennigwerth lowered the firm’s price target on JetBlue (JBLU) to $5 from $6 and keeps an In Line rating on the shares. The firm is adjusting estimates for its airlines coverage on higher assumed fuel costs, offset slightly by better revenue.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBLU:
- Morning News Wrap-Up 3/10/26: Tuesday’s Biggest Stock Market Stories!
- Midday Fly By: HP Enterprise reports Q1 beat, BioNTech announces new company
- JetBlue Stock (JBLU) Drops after FAA Grounds Flights Nationwide
- U.S. FAA cancels groundstop for JetBlue, Reuters reports
- Airlines reconsider growth plans amid war in Iran, Bloomberg reports
