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Equities research analysts at Imperial Capital boosted their price target on shares of JetBlue Airways (NASDAQ:JBLU) from $10.00 to $20.00 in a research note issued to investors on Wednesday. The firm currently has an “outperform” rating on the stock. Imperial Capital’s price objective suggests a potential upside of 85.61% from the stock’s previous close.

JBLU has been the subject of a number of other recent research reports. Analysts at Argus raised their price target on shares of JetBlue Airways from $10.00 to $14.00 in a research note on Friday, August 1st. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of JetBlue Airways from $10.00 to $13.50 in a research note on Thursday, July 31st. Finally, analysts at CRT Capital raised their price target on shares of JetBlue Airways from $13.50 to $14.50 in a research note on Tuesday, July 29th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.75.

Shares of JetBlue Airways (NASDAQ:JBLU) opened at 10.78 on Wednesday. JetBlue Airways has a 52-week low of $6.04 and a 52-week high of $11.59. The stock’s 50-day moving average is $10.78 and its 200-day moving average is $9.35. The company has a market cap of $3.146 billion and a price-to-earnings ratio of 10.36.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.19 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.19. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. Analysts expect that JetBlue Airways will post $0.69 EPS for the current fiscal year.

JetBlue Airways Corporation (NASDAQ:JBLU) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft.

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