TD Cowen upgraded JetBlue Airways to a strong-buy rating on March 11, 2026. Analysts identified the upgrade as a significant near-term catalyst for investor sentiment.
Traders purchased approximately 36,186 call options following the announcement. This volume represents a 37% increase over the typical daily average.
Seeking Alpha also raised its rating for the airline to Hold. The report cited benefits from new flight routes and reduced capital expenditure.
The analysis cautioned that high leverage and macroeconomic risks remain primary concerns for the company.