Citigroup Maintains Buy on Middleby, Raises Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Buy rating on Middleby (NASDAQ:MIDD) and raises the price target from $165 to $166.
July 17, 2023 | 3:33 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Middleby and raises the price target from $165 to $166, which could potentially increase investor confidence and positively impact the stock price.
The raised price target by Citigroup indicates a positive outlook for Middleby. This could potentially increase investor confidence and lead to a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100