https://seekingalpha.com/news/350727...ases-airline-m
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.