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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JELD: