Barclays lowered the firm’s price target on Jeld-Wen (JELD) to $3 from $5 and keeps an Equal Weight rating on the shares. The firm says the company issued an “incrementally weaker” earnings outlook as market share losses and pricing competition mount.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JELD: