Assessing Middleby: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Four financial analysts have shared their evaluations of Middleby (NASDAQ:MIDD) over the past three months, showing a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 7.6% to $149.0. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
July 25, 2024 | 2:00 pm
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Analysts have mixed views on Middleby (NASDAQ:MIDD) with recent adjustments in ratings and price targets. The average 12-month price target has decreased by 7.6% to $149.0, reflecting concerns over the company's financial performance and market conditions.
The decrease in the average 12-month price target and mixed analyst ratings indicate a cautious outlook on Middleby's stock. The company's financial challenges, including a decline in revenue growth and lower profitability metrics, contribute to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100