JetBlue and Mobileye face analyst downgrades

JetBlue Airways has received a downgrade from Wall Street Zen, moving from a ‘sell’ rating to a ‘strong sell’ rating. This follows other recent analyst actions, including a downgrade from Citigroup to ‘sell’ and an ‘underperform’ rating from Bank of America. While Susquehanna and Bank of America have adjusted price targets, the consensus rating for the airline remains ‘Reduce’ with an average target price of $5.40.

Mobileye Global was also downgraded by Zacks Research, which lowered its rating from ‘strong-buy’ to ‘hold’. Other financial institutions have provided mixed outlooks; for instance, Needham & Company LLC maintained a ‘buy’ rating, while UBS Group lowered its price target to $9.00 and set a ‘neutral’ rating. The company currently holds a consensus price target of $12.65.