Jeld-Wen price target lowered to $8 from $10 at Loop Capital

Loop Capital lowered the firm’s price target on Jeld-Wen (JELD) to $8 from $10 and keeps a Hold rating on the shares after its Q4 results. The company reported an in-line quarter despite a challenging large ticket R&R – Repair & Remodeling – demand environment and shift to more entry level products in North America, while its FY25 guidance came in weaker than anticipated on continued demand headwinds, the analyst tells investors in a research note.