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Fly News Breaks for June 9, 2017
SAVE
Jun 9, 2017 | 08:17 EDT
Cowen analyst Helane Becker noted that Spirit Airlines updated Q2 guidance to reflect the current operating environment and impact from pilot disruptions earlier in the quarter. The company said the impact will be offset by lower fuel cost and an improving unit revenue environment. Becker said the update removes an overhang and she reiterated her Market Perform rating and $62 price target on Spirit Airlines shares.
News For SAVE From the Last 2 Days
SAVE
Apr 17, 2024 | 17:31 EDT
JPMorgan upgraded JetBlue (JBLU) to Neutral from Underweight with a $7 price target. The company is increasingly well-positioned for a modest potential move to the upside based on improving market sentiment, and its upcoming Q2 guide coming next week may exceed consensus, the analyst tells investors in a research note. JetBlue is the second least-liked airline based on sell-side ratings, after Spirit (SAVE), with short interest on the stock also remaining "stubbornly high", the firm added.