Jeld-Wen price target raised to $12 from $11 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Jeld-Wen to $12 from $11 but keeps a Neutral rating on the shares. The analyst is "cautiously optimistic" following the company’s Q4 earnings call, though Goldman Sachs also prefers to have greater evidence of success around Jeld-Wen’s efforts on cost reductions, productivity enhancements, and a shift to higher-value products.