Middleby price target raised to $177 from $165 at RW Baird Baird raised its price target on Middleby citing positive industry sentiment, above average growth prospects, free cash flow, and return on investment profile. Shares are Outperform rated.
Middleby price target raised to $171 from $158 at RBC Capital RBC Capital increased its price target on Middleby after the company reported stronger than expected Q1 results. The firm thinks that the company's outlook is bullish but it keeps a Sector Perform rating on the stock.