Here Are the Airline Stocks to Buy and the Ones to Avoid, J.P. Morgan Says

If you’re looking for gains in airline stocks, stick with high-quality companies, such as Delta and United, and avoid those with vulnerable balance sheets and operations—namely American and Spirit.

Those views come from J.P. Morgan analyst Jamie Baker, who issued a number of ratings changes and price-target cuts in a note published Monday. Baker downgraded American Airlines and Spirit Airlines from Overweight to Underweight. He also downgraded JetBlue Airways and Southwest Airlines to Neutral,... Subscribe or Sign In to continue reading.

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Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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