Morgan Stanley analyst Ravi Shanker maintained a Hold rating on JetBlue Airways today and set a price target of $8.00. The company’s shares closed last Friday at $4.83.
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Shanker covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, JB Hunt, and ArcBest. According to TipRanks, Shanker has an average return of -2.1% and a 45.42% success rate on recommended stocks.
In addition to Morgan Stanley, JetBlue Airways also received a Hold from Susquehanna’s Christopher Stathoulopoulos in a report issued on October 3. However, on October 1, Barclays maintained a Sell rating on JetBlue Airways (NASDAQ: JBLU).
The company has a one-year high of $8.31 and a one-year low of $3.34. Currently, JetBlue Airways has an average volume of 18.33M.
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