Hudson Securities Neutral On jetBlue (JBLU)

Hudson Securities has a Neutral rating and a $7 price target on shares of jetBlue JBLU. In a note to clients, Hudson writes, "This past Tuesday, JetBlue reported in its Dec traffic release that unit revenues rose 3%, materially less vs our outlook. Mgmt reported: “The severe weather in the Northeast reduced JetBlue's passenger revenue by approximately $30 million, which is included in the December PRASM estimate, and reduced operating income for the fourth quarter by about $25 million.” (ie. $0.04/share)."