No; that is incorrect.
Jews do not consider Jesus a prophet... that is a common misconception among many Christians that has become rumor, but it's simply not true.
Jesus plays no role in Judaism whatsoever. The age of prophets was over before he was allegedly born, anyway. If any type of prophet in Judaism, he'd only qualify as a false prophet (miracles were supposed to be a sign of a 'false prophet'.
The main difference in why Christians are more likely to tolerate Jews than JW's is this, I think: They see their religion as an extension of Judaism for the most part. They see themselves as getting the ongoing message correct where Jews missed it. They're waiting for Jews to come around and accept what mainstream Christians believe: that Jesus is the Jewish messiah/God in the flesh. (Naturally this is different from what Jews believe, but that's not the point of this conversation).
I would not say they put Jews on a pedestal (historically, that would not be accurate). They're more tolerant of Jews and supportive of Judaism these days, though, because if Jews were to accept Jesus as their messiah, it would be like the ultimate confirmation of Christianity for them. They remain hopeful that God's original 'chosen people' will eventually see the light.
JWs came later, and told Christians that they're the ones who got the message wrong. While they're fine telling Jews they got God's message to the Jews wrong, they're not able to accept that they got God's message to them wrong. Mainline Christianity was built around the core concept of God being a trinity, and Jesus being part of that trinity, trying to tell them that fundamental element was always wrong is not going to be received well.