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Old 10-21-2019, 07:57 AM   #1  
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Default Stifel teases up some airline M&A

Stifel teases up some airline M&A
Clark SchultzOct. 21, 2019 10:32 AM ET

Stifel turns positive on JetBlue (JBLU +4.5%) with an interesting M&A angle in the mix beyond the favorable view on JetBlue's valuation.

The firm sees some logic to Southwest Air (LUV +0.1%) buying either JetBlue or Alaska Air (ALK +2.6%).

The M&A wildcard is a large part of the reason that Stifel drops LUV to a Hold rating and elevates JBLU to a Buy rating.
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