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Barclays Sticks to Its Hold Rating for JetBlue Airways (JBLU)

Tipranks - Tipranks - Wed Mar 25, 2:48AM CDT

Barclays analyst Brandon Oglenski maintained a Hold rating on JetBlue Airways today and set a price target of $7.00.

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According to TipRanks, Oglenski is a 4-star analyst with an average return of 4.7% and a 47.98% success rate. Oglenski covers the Industrials sector, focusing on stocks such as JetBlue Airways, Delta Air Lines, and United Airlines Holdings.

In addition to Barclays, JetBlue Airways also received a Hold from BMO Capital’s Michael Goldie in a report issued yesterday. However, on March 16, UBS assigned a Sell rating to JetBlue Airways (NASDAQ: JBLU).

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Based on JetBlue Airways’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.24 billion and a GAAP net loss of $177 million. In comparison, last year the company earned a revenue of $2.28 billion and had a GAAP net loss of $44 million

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