CatalystEU/UK
JetBlue earns upgrade at UBS as valuation and liquidity risks ease
UBS upgrade cites easing valuation and liquidity risks for JetBlue.
Context
What happened: UBS analyst Atul Maheswari upgraded JetBlue ($JBLU) to Neutral from Sell, citing a 33% retracement in the shares since September 1 that prices the stock more appropriately to its risk/reward.
Key numbers: 33% retracement in $JBLU shares since September 1.
Why it matters: The rating change also reflects easing valuation and liquidity risks, per the headline.
What changed
UBS analyst Atul Maheswari upgraded JetBlue ($JBLU) to Neutral from Sell, citing a 33% retracement in the shares since September 1 that prices the stock more appropriately to its risk/reward.
Why it matters
The rating change also reflects easing valuation and liquidity risks, per the headline.