On Friday, Goldman Sachs resumed coverage on JetBlue Airways (NASDAQ:) shares with a Sell rating, accompanied by a price target of $5.50. This target suggests a 23% downside from the current levels, contrasting with the average 14% potential upside projected for other airlines covered by the firm, excluding JetBlue.
The analyst from Goldman Sachs noted that while JetBlue’s offerings are well-suited to meet increasing premium demand, and further enhancements are expected in the coming years,…
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