Up nearly 70% in a year, does JP Morgan think Qantas shares can go higher?

Qantas shares have surged nearly 70% over the past 12 months.

Over the past 5 years, the stock has risen an impressive 170%. For the year to date, Qantas shares are up 13%. 

Any way you look at it, Qantas Airways Ltd (ASX: QAN) investors have done very well for…