UBS Raises JetBlue to Neutral After Shares Drop 33% Since Sept. 1

UBS raised its rating on JetBlue Airways Corporation to Neutral from Sell on Monday after its shares dropped 33% since Sept. 1, bringing the stock closer to the bank’s risk-reward assessment. UBS analyst Atul Maheswari made the change on Oct. 19, viewing the lower share price as a better match for the airline’s risks and potential returns.

Source: TokenPost