JetBlue Airways Reaches Analyst Target Price
November 10, 2020 at 11:30 AM EST
In recent trading, shares of JetBlue Airways Corp (JBLU) have crossed above the average analyst 12-month target price of $14.82, changing hands for $15.03/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..