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Fly News Breaks for September 6, 2017
DOOR, JELD
Sep 6, 2017 | 05:13 EDT
JPMorgan analyst Jason Marcus upgraded Jeld-Wen (JELD) to Overweight and raised his price target for the shares to $38 from $34. The stock, down 11% since the 52-week high on June 21, more than discounts recent investor concerns regarding North American volume growth as well as competitor Masonite's (DOOR) cautious tone on its Q2 earnings call, Marcus tells investors in a research note. The analyst sees industry volume growth improving in the second half of 2017.
News For JELD;DOOR From the Last 2 Days
