JetBlue price target raised to $4 from $3.50 at Goldman Sachs

Goldman Sachs analyst Catherine O’Brien raised the firm’s price target on JetBlue (JBLU) to $4 from $3.50 and keeps a Sell rating on the shares. The Q4 industry net income forecast is being cut by 15% to reflect the impact of the government shutdown, the analyst tells investors in a research note.