Citi turns bearish on JetBlue as leisure carriers face RASM headwinds (JBLU:NASDAQ)
Citi Research has turned bearish on JetBlue Airways (JBLU), downgrading it to Sell due to poor risk/reward, below-consensus earnings potential, and struggles in competitive leisure markets. The firm expects supermajor airlines to outperform in the coming months, while leisure carriers like JetBlue face revenue …