JBLU is trading at 3.1% up now at $4.94 despite a fresh analyst price-target cut. This movement follows Morgan Stanley lowering its price target on JetBlue to $7 from $8. * Morgan Stanley maintained its Equalweight rating, which often reassures investors that a full downgrade is not imminent. * The current price action extends a multi-day rebound in the stock, suggesting traders are leaning into a short-term recovery narrative despite mixed broader markets.