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UBS Sticks to Their Hold Rating for JELD-WEN (JELD)

Tipranks - Tipranks - Sat Feb 21, 7:16AM CST

UBS analyst John Lovallo maintained a Hold rating on JELD-WEN today and set a price target of $3.00.

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Lovallo covers the Consumer Cyclical sector, focusing on stocks such as Meritage, NVR, and DR Horton. According to TipRanks, Lovallo has an average return of 9.7% and a 60.43% success rate on recommended stocks.

In addition to UBS, JELD-WEN also received a Hold from TipRanks – OpenAI’s OpenAI Construction in a report issued today. However, on the same day, TipRanks – Google reiterated a Sell rating on JELD-WEN (NYSE: JELD).

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Based on JELD-WEN’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $802 million and a GAAP net loss of $39.8 million. In comparison, last year the company earned a revenue of $895.73 million and had a GAAP net loss of $68.4 million

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