Morgan Stanley analyst Ravi Shanker lowered the firm’s price target on JetBlue (JBLU) to $7 from $8 and keeps an Equal Weight rating on the shares. The firm maintains an “Attractive” industry view of U.S. airlines into 2026, contending that if the group can finally get a clean, “boring” year to demonstrate their true normalized earnings power, it “could be a transformative year for the stocks.”
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