JP Morgan Maintains Underweight on Middleby, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains an Underweight rating on Middleby (NASDAQ:MIDD) but raises the price target from $118 to $120.
August 02, 2024 | 8:38 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JP Morgan analyst Tami Zakaria maintains an Underweight rating on Middleby but raises the price target from $118 to $120.
The Underweight rating suggests a bearish outlook, but the slight increase in the price target indicates some positive expectations. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100