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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Morgan Stanley Keeps Equal Weight Rating on JetBlue Airways (JBLU)

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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77% Informative

On May 29 , Morgan Stanley maintained its “ Equal Weight ” rating for JetBlue Airways Corporation (NASDAQ: JBLU ) with a price target of $ 8.00 .

Morgan Stanley analysts believe that while both airlines will benefit from the Blue Sky partnership, JetBlue stands to gain more from this collaboration.

This announcement eased worries about a possible merger which could have brought more risks.

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