JetBlue upgraded to Equal Weight from Underweight at Barclays

Barclays upgraded JetBlue (JBLU) to Equal Weight from Underweight with a price target of $7, up from $4. The firm says U.S. airline stocks are likely to face pressure from near-term Middle East tension. However, domestic U.S. fundamentals are improving, the analyst tells investors in a research note. Barclays cites better U.S. fundamentals for the upgrade of JetBlue.