JetBlue gains after raising Q1 unit revenue forecast

Shares of JetBlue Airways JBLU.O rise 1.9% at $4.3 premarket

Co expects Q1 unit revenue to rise 5% to 7%, up from its prior forecast of flat to 4% growth, citing strong demand, while warning of rising fuel costs

Sees Q1 capital expenditure of about $175 million

Median PT of 18 brokerages covering the stock is $5 - data compiled by LSEG

As of last close, JBLU down 6.4% YTD