Even though shares of JetBlue Airways Corporation JBLU lost 1.7 percent on Friday, they still managed to post returns of 3 percent this week. Interestingly, the Vetr crowd seems to believe the stock will return to its uptrend soon, as evidenced by its average price target of $19.06, which implies a potential return of 6.3 percent from current valuations.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of JetBlue on Friday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.
It should be noted that 80 percent of the crowd’s ratings are bullish at the time, meaning that while mostly positive, the community sees limited upside potential.
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