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Add as a preferred source on GoogleUBS Raises JetBlue to Neutral After Shares Drop 33% Since Sept. 1
Analyst Atul Maheswari tied the change to a lower share price that more closely reflected the airline’s risks and potential returns.
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.