Citi Starts Middleby Corp (MIDD) at Neutral

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Price: $150.78 -3.49%

Rating Summary:
14 Buy, 4 Hold, 1 Sell

Rating Trend:

Up

Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0

Citi initiates coverage on Middleby Corp (NASDAQ: MIDD) with a Neutral rating and a price target of $130.00.

Analyst Timothy Thein said multiple compression is warranted given slowing organic earnings growth and risks around further commercial order delays.

For an analyst ratings summary and ratings history on Middleby Corp click here. For more ratings news on Middleby Corp click here.

Shares of Middleby Corp closed at $120.42 yesterday.

Citi, Earnings

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