JetBlue Airways is trading at $3.72, up 6.88%, after Deutsche Bank upgraded it to Buy from Hold.
- On November 5, the bank raised its price target to $5.50 from $3.00, citing improving airline conditions, a favorable supply backdrop, and potential revenue- and margin-boosting product launches.
- The upgrade was reported alongside pre-market strength, making it the clearest company-specific catalyst for the November 6 move. JETS is down 4.34%, while JetBlue is higher.