SunTrust analyst Keith Hughes lowered his price target on PGT Innovations to $18 after the company guided FY19 EPS of 93c-$1.05 vs. consensus $1.29 and revenue of $775M-$800M vs. consensus $810.6M as part of its Q4 earnings results yesterday. The analyst attributes the soft outlook to "tough comps from hurricanes in Florida in 2018, weak California markets that could potentially hurt Western's markets, and high aluminum prices hurting margins". Hughes is keeping his Buy rating on PGT Innovations stock longer term given the current valuation and the strength of the Florida market, though he also warns that it could "take several quarters to establish the run rate on the tough comps".