Seaport Global analyst Reuben Garner initiated Jeld-Wen with a Buy rating and a price target of $26, citing "company specific drivers" outside his optimistic outlook on the U.S. housing market. The analyst cites "elimination of operations issues" driving faster revenue growth for Jeld-Wen, as well as the increasing focus on the company's margins under a new management. Garner sees earnings growth of over 15% per year through 2022 from the "savings initiatives alone" and contends that the valuation hit in the replace and remodel door space coming mostly from the Jeld-Wen / Steves & Sons lawsuit is "not commensurate with fundamental improvements" at the company.