Jefferies Maintains Buy on Middleby, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Saree Boroditsky has maintained a Buy rating on Middleby Corporation (NASDAQ:MIDD) and increased the price target from $140 to $160.
January 11, 2024 | 8:04 pm
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Jefferies analyst Saree Boroditsky reaffirmed a Buy rating on Middleby and raised the price target to $160, indicating a positive outlook on the company's stock.
The increase in price target by Jefferies reflects a bullish stance on Middleby's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 85
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