TD Cowen Maintains Hold on JetBlue Airways, Lowers Price Target to $5
TD Cowen analyst Tom Fitzgerald maintains JetBlue Airways (NASDAQ:JBLU) with a Hold and lowers the price target from $6 to $5.
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JetBlue 'Worthless'? Analyst Cuts Rating As Us-Iran Conflict Keeps Jet Fuel Volatile
JetBlue may increase its debt to fund losses, leading to its shares ultimately becoming “worthless,” one analyst said.
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Shares of airline companies are trading lower amid an oil price rebound. Expectations for U.S.-Iran negotiations over Strait of Hormuz passage are frozen, with the U.S. threatening major economic pressure on Iran and its trade partners, an approach that may leave energy prices elevated for longer.
Read original at benzingaPerfect Stocks Portfolio: August 2026 Edition
The past month has offered investors a useful reminder that financial markets rarely move in lockstep with the headlines. The geopolitical backdrop has become more difficult, trade policy remains unsettled, energy
Read original at benzingaShares of airline companies are trading lower as oil prices rise amid a lack of new U.S.-Iran negotiations. Also, elevated energy costs, inflation expectations and bond yields may lead to weaker passenger demand and pricier aircraft financing costs.
Read original at benzinga