Stifel Maintains Hold on JELD-WEN Holding, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott has maintained a Hold rating on JELD-WEN Holding (NYSE:JELD) and increased the price target from $18 to $21.

December 19, 2023 | 3:43 pm
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NEUTRAL IMPACT
Stifel analyst Stanley Elliott maintains a Hold rating on JELD-WEN Holding and raises the price target from $18 to $21.
The Hold rating suggests that Stifel does not see significant upside or downside in the near term, indicating a neutral outlook. However, the increase in price target from $18 to $21 implies a positive view on the company's valuation, which could lead to some positive sentiment among investors. The impact is likely to be moderate as the rating did not change to Buy, which would have indicated a stronger bullish signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100