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A statement released earlier today by Vetr Inc. about JetBlue Airways Corporation (NASDAQ:JBLU) bumps the target price to $18.40

Vetr Inc. bumped up the stock price target of JetBlue Airways Corporation (NASDAQ:JBLU) to $18.40 reporting a potential upside of 0.06%.

Previously on Tuesday October 04, 2016, Vetr Inc. reported on JetBlue Airways Corporation (NASDAQ:JBLU) raised the target price from $0.00 to $20.12. At the time, this indicated a possible upside of 0.14%.

Yesterday JetBlue Airways Corporation (NASDAQ:JBLU) traded -1.31% lower at $17.43. The company’s 50-day moving average is $16.80 and its 200-day moving average is $17.98. The last closing price is down -3.26% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,253,044 shares of the stock were exchanged, down from an average trading volume of 6,042,880

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JetBlue Airways Corporation (NASDAQ:JBLU)

JetBlue Airways Corporation has a 52 week low of $14.76 and a 52 week high of $27.09 with a P/E ratio of 7.72 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 13 brokers have issued a report on the stock. The consensus target price is $25.81 with 3 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About JetBlue Airways Corporation (NASDAQ:JBLU)

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. It operates various types of aircrafts, including Airbus A321, Airbus A320 and Embraer E190. It also provides premium transcontinental product called Mint. Mint includes approximately 20 fully lie-flat seats, over four of which are in suites with a privacy door. The Company has installed Fly-Fi in-flight Internet service across its Airbus fleet. The Company provides three branded fares: Blue, Blue Plus and Blue Flex. Each of these fares includes different offerings, such as free checked bags, reduced change fees and additional TrueBlue points. The Company also accepts Apple Pay in-flight, which enables the iPhone users to use their phones for all onboard purchases. Its Airbus A321 aircraft in a single cabin layout has approximately 190 seats and those with Mint offering have over 160 seats.

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