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JELD-WEN (JELD) Receives a Hold from Barclays

Tipranks - Tipranks - Tue Feb 24, 4:04AM CST

In a report released today, Matthew Bouley from Barclays maintained a Hold rating on JELD-WEN, with a price target of $2.50.

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Bouley covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and Louisiana-Pacific. According to TipRanks, Bouley has an average return of 15.5% and a 64.50% success rate on recommended stocks.

In addition to Barclays, JELD-WEN also received a Hold from UBS’s John Lovallo in a report issued on February 20. However, on the same day, TipRanks – Anthropic 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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