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JetBlue Airways (NASDAQ:JBLU) target price raised to $22.00, issued a report today by Cowen

Yesterday JetBlue Airways (NASDAQ:JBLU) traded 1.48% higher at $20.53. The company’s 50-day moving average is $19.28 and its 200-day moving average is $21.33. The last closing price is down -3.77% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 12,330,815 shares of the stock were exchanged, up from an average trading volume of 6,069,820

JetBlue Airways (NASDAQ:JBLU) had its target price raised to $22.00 by Cowen in a report released 10/12/2017. The new target price indicates a possible upside of 0.07% based on the company's last closing price.

Previously on 9/4/2017, Standpoint Research reported on JetBlue Airways (NASDAQ:JBLU) raised the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.31%.

See Chart Below

JetBlue Airways (NASDAQ:JBLU)

JetBlue Airways has a 52 week low of $16.85 and a 52 week high of $24.13 with a P/E ratio of 10.42 The company’s market cap is currently $0.

In addition to Cowen 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 (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. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190. It also provides premium transcontinental product called Mint. As of December 31, 2016, Mint included 16 fully lie-flat seats, four of which were in suites with a privacy door. The Company also provides Fly-Fi in-flight Internet service across its Airbus fleet. It provides its customers a choice to purchase tickets from three branded fares, which include Blue, Blue Plus and Blue Flex. Each of these fare include different offerings, such as free checked bags, reduced change fees and additional TrueBlue points. As of December 31, 2016, its Airbus A321 aircraft in a single cabin layout had 200 seats and those with Mint premium service had a seating capacity of 159 seats.

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