Jeld-Wen price target lowered to $6 from $9 at Barclays

Barclays analyst Matthew Bouley lowered the firm’s price target on Jeld-Wen (JELD) to $6 from $9 and keeps an Equal Weight rating on the shares. The company’s “significant” volume and mix weakness, share loss, and cost headwinds pressure its fiscal 2025 outlook, with some offsets from cost mitigation and transformation efforts, the analyst tells investors in a research note.