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☆ Buckle up. These stocks could see big moves in reaction to earnings this week
▼ + stars: | 2024-04-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

As the busiest week for first quarter earnings results kicks off, several stocks on the docket to report this week may be poised for big swings. As of last Friday, 74% of companies in the S & P 500 reported a positive earnings surprise while 58% beat revenue expectations, according to FactSet. This week is scheduled to be the busiest one of the season, with 29% of companies in the S & P 500 — or 146 companies — due to post results. With so many corporate results to be released this week, investors may want to pay special attention to some earnings more than others in advance. CNBC Pro screened for the stocks that could see significant post-earnings moves either up or down, based on investors' expectations in the options market.

Persons: AllianceBernstein, Mark Shmulik, Shmulik, Jamie Baker, Morgan Stanley, Benjamin Swinburne Organizations: Dow Jones, CNBC Pro, JetBlue, American Airlines, JPMorgan, Spotify Locations: Stockholm

☆ We're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie Baker
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie BakerJamie Baker, JPMorgan senior airline analyst, joins CNBC's 'The Exchange' to break down the airline industry's bifurcation, how premium demand has boosted earnings, and more.

Persons: JPMorgan's Jamie Baker Jamie Baker Organizations: JPMorgan

Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.

Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York

A sale to JetBlue represented a lifeline for Spirit, which faces $1.1 billion in debt maturing next year. But a federal judge in Boston scuttled that plan by ruling Tuesday that JetBlue’s $3.8 billion proposal to buy Spirit violates antitrust law. But Frontier has its own challenges and is in no position to renew merger discussions with Spirit now, Baker said. Like Spirit, JetBlue has not had a profitable year since 2019, before the pandemic. Investors are also trying to gauge what the ruling against the JetBlue-Spirit deal means for Alaska Airlines' pending proposal to buy Hawaiian Airlines.

Persons: Airlines hasn’t, haven’t, William Young's, ”, Helane Becker, Cowen, “, Jamie Baker wasn’t, ” Baker, Baker, Judge Young, Young, Robin Hayes –, Biden, hasn't, Michael Linenberg Organizations: Airlines, JetBlue, Justice Department, Bank of America, Pratt & Whitney, Airbus, Frontier Airlines, –, Investors, Alaska Airlines, Hawaiian Airlines, Deutsche Bank, Spirit, American Airlines Locations: Boston, Miramar , Florida, Alaska

☆ Airline market turbulence may provide entry point for investors, says JPMorgan's Jamie Baker
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirline market turbulence may provide entry point for investors, says JPMorgan's Jamie BakerJamie Baker, JPMorgan senior airline analyst, joins 'The Exchange' to discuss turbulence in the airline industry and his expectations for where prices may be headed from here.

Persons: JPMorgan's Jamie Baker Jamie Baker Organizations: JPMorgan

☆ Watch CNBC's full interview with JPMorgan’s Jamie Baker
▼ + stars: | 2023-06-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with JPMorgan’s Jamie BakerJamie Baker, JPMorgan senior airline analyst, joins 'The Exchange' to discuss the airline industry as we head towards July 4 weekend, why he believes the rally in airlines stock will continue to soar in the second half of the year, and more.

Persons: JPMorgan’s Jamie Baker Jamie Baker Organizations: JPMorgan

☆ Here's why JPMorgan’s Jamie Baker believes airline stocks will continue to soar
▼ + stars: | 2023-06-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why JPMorgan’s Jamie Baker believes airline stocks will continue to soarJamie Baker, JPMorgan senior airline analyst, joins ‘The Exchange’ to discuss the airline industry as we head towards July 4 weekend, why he believes the rally in airlines stock will continue to soar in the second half of the year, and more.

Persons: Jamie Baker Organizations: JPMorgan

☆ Potential airline fees for delays and cancellations will hit discount airlines, says JPMorgan's Jamie Baker
▼ + stars: | 2023-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPotential airline fees for delays and cancellations will hit discount airlines, says JPMorgan's Jamie BakerJamie Baker, JPMorgan senior airline analyst, joins 'Power Lunch' to discuss a new push for airlines to compensate passengers for delays and cancellations and how it'll impact the sector.

Investors should buy American Airlines as the air carrier's valuation is too good to pass up, according to JPMorgan. Analyst Jamie Baker upgraded the airline's shares to overweight from neutral. Baker said this reflects a long-term shift in which "the Big 3" airlines — American, Delta and United — have seized the high ground from the "discounters." Nonetheless, JPMorgan stated that the "Big 3" airlines have outperformed its index of Discounter carriers due to their international exposure. Baker said that 2022's domestic travel renaissance has now reversed, driving down year-over-year domestic revenue growth to the low single digits.

☆ Stocks making the biggest premarket moves: PacWest, Berkshire Hathaway, American Airlines, AMC and more
▼ + stars: | 2023-05-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Pacific Western Bank signage is displayed outside of bank branch in Beverly Hills, California on May 4, 2023. Check out the companies making the biggest moves in premarket trading:PacWest — The regional bank popped 39% in premarket trading, adding to its nearly 82% gain on Friday. American Airlines — Shares gained about 3% in premarket trading Monday after JPMorgan upgraded the stock to overweight from neutral. Viatris — Shares added 2.4% after the health-care stock topped earnings expectations and reaffirmed full-year guidance, despite a shortfall in revenue. Fortinet — The cybersecurity company added 3.3% after being upgraded to buy from neutral by Bank of America.

☆ Wall Street slashes price targets this earnings season. Here are 13 stocks that bucked the trend
▼ + stars: | 2022-11-03 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

As Wall Street banks cut share price targets across the board this earnings season, only a handful of companies have bucked the trend, an analysis by CNBC Pro reveals. About 20 stocks emerged with a meaningfully higher price target of 5% or more compared to a month ago. Of these, only 13 still offer a potential upside of at least 5% to their current share price . The median price target for SLB represents a 13.5% upside potential, according to FactSet data. Loews Corp was excluded from the analysis as price targets or estimates were unavailable during the analysis.

☆ JetBlue to buy Spirit for $3.8 billion in push to become the fifth-largest US carrier
▼ + stars: | 2022-07-28 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

In this article ULCCJBLUSAVEwatch nowJetBlue Airways has reached a $3.8 billion deal to buy Spirit Airlines in a takeover that would create the country's fifth-largest airline and remove a fast-growing budget carrier from the market. Spirit lacked the shareholder support to win approval of the Frontier merger, which was first unveiled in February. If approved by regulators, JetBlue's takeover of Spirit would leave Frontier as the largest discount carrier in the U.S. It would also be the first major U.S. airline deal since 2016, when Alaska Airlines beat out JetBlue for Virgin America. A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022.

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