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Raymond James Sticks to Their Hold Rating for JetBlue Airways (JBLU)
Raymond James analyst reiterated a Hold rating on JetBlue Airways yesterday. The company’s shares closed yesterday at $4.84.
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In addition to Raymond James, JetBlue Airways also received a Hold from Barclays’s Brandon Oglenski in a report issued yesterday. However, on April 16, Seaport Global upgraded JetBlue Airways (NASDAQ: JBLU) to a Buy.
Based on JetBlue Airways’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.24 billion and a GAAP net loss of $319 million. In comparison, last year the company earned a revenue of $2.14 billion and had a GAAP net loss of $208 million
Read More on JBLU:
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- United Airlines unlikely to pursue smaller acquisitions like JetBlue, NYT says
- JetBlue’s Risk Profile Holds Steady, but Unresolved Vulnerabilities Still Loom Over Performance
- JetBlue Earnings Call: Progress Meets Fuel Headwinds
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