Wells Fargo analyst Deepa Raghavan downgraded Jeld-Wen Holding Inc (NYSE:JELD) to Equal Weight from Overweight and lowered the price target to $16 from…
RBC Capital analyst Mike Dahl further reduces estimates and price targets for Homebuilders & Building Products companies as housing demand declines.
The analyst expects further deterioration after the most recent jump in rates (+50 bps past 2 weeks and +270 bps YTD).