JP Morgan Upgrades US Airways - After a 400% Stock Jump

Aug 12th, 2008 | By Jared Blank

JP Morgan took a bold step and upgraded a number of airlines today, including US Airways, based on lower fuel expenses and better liquidity. I’d like to call out JP Morgan for the stand that they’re taking now that US Airways has moved from $1.75 a share to $9.50. I’m not sure why they hated it at $1.75 and loved it at $9.50, but thanks so much. Really helpful.

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