Merrill Lynch upgrades JetBlue (JBLU) to Buy with a price target of $11, on strong results from...

|By:, SA News Editor

Merrill Lynch upgrades JetBlue (JBLU) to Buy with a price target of $11, on strong results from peak-demand periods "when management can more easily get passengers to trade up fare classes." JBLU +6.1% to $6.89; airlines overall are up: AMR +3.6%; CAL +3.1%; DAL +4%; UAUA +2.7%.