Keybanc Maintains Overweight on Middleby, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jeffrey Hammond maintains an Overweight rating on Middleby (NASDAQ:MIDD) but lowers the price target from $175 to $160.
July 15, 2024 | 10:54 am
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Keybanc analyst Jeffrey Hammond maintains an Overweight rating on Middleby but lowers the price target from $175 to $160.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100