Middleby should continue to see gains, says RW Baird Baird believes Middleby shares should continue to see gains, citing the company's strong relationships with large chain customers, its focus on productivity, and its active acquisition strategy. The firm keeps its Outperform rating and $97 price target on the stock.
Middleby to acquire U-Line Corporation; terms not disclosed The Middleby Corporation announced it has entered into a definitive agreement to acquire the U-Line Corporation. U-Line is involved in the premium residential built-in modular ice making, refrigeration and wine preservation market. U-Line has annual revenues of approximately $60M.