Benchmark Maintains Buy on Middleby, Lowers Price Target to $170
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Todd Brooks has maintained a 'Buy' rating on Middleby (NASDAQ:MIDD) but lowered the price target from $180 to $170.

August 07, 2023 | 1:42 pm
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Middleby's price target has been lowered from $180 to $170 by Benchmark, though the 'Buy' rating is maintained.
The news is directly about Middleby and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, potentially leading to short-term uncertainty among investors.
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