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Fly News Breaks for April 15, 2016
UAL, JBLU
Apr 15, 2016 | 05:41 EDT
Barclays analyst David Fintzen upgraded JetBlue (JBLU) to Overweight after revising his airline estimates to reflect higher fuel assumptions. The analyst upgraded two in the space and downgraded three to "better reflect even a modest risk of recession over the next year." The analyst calls JetBlue his second best idea in the space behind United Continental (UAL) following the recent pullback in the shares. He lowered his price target for the shares to $26 from $29.