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“JPMorgan Projects 50%-Plus Airline Revenue Decline In 2021”

“JPMorgan is cautious on the airline industry and reducing its forecasts on the basis of conservative demand. 

The Airline Analyst: Jamie Baker upgraded JetBlue Airways (NASDAQ: JBLU) from Underweight to Overweight with a $17 price target. 

Baker upgrades United Airlines (NASDAQ: UAL) from Neutral to Overweight and raised the price target from $44 to $52. 

Baker downgraded Southwest Airlines (NYSE: LUV) from Neutral to Underweight and added a $41 price target. 

Baker upgraded Spirit Airlines (NYSE: SAVE) from Underweight to Neutral and raised the price target from $14 to $19. 

Baker remains Overweight on Alaska Air Group (NYSE: ALK) and Delta Air Lines (NYSE: DAL). Baker is Underweight on American Airlines Group (NASDAQ: AAL)…”

https://finance.yahoo.com/news/jpmorgan-projects-50-plus-airline-164516469.html

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