MIDD Similar Chart Price Prediction
The price of MIDD is predicted to go up 0.9%, based on the high correlation periods with PDFS. The similarity of these two price pattern on the periods is 99.57%.
MIDD
PDFS
Up: 0.9%Similarity: 99.57%
MIDD Revenue Forecast
MIDD EPS Forecast
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MIDD Analyst's Forecast
Saree Boroditsky
Jefferies
Strong Buy → Hold
2024-12-12
Price Target
$170 → $160
Upside
+13.41%
Jefferies downgraded Middleby to Hold from Buy with a price target of $160, down from $170. For Middleby, the firm sees "muted" commercial and residential growth and limited visibility into a multiple re-rating. More broadly for the group, the firm sees a recovery in manufacturing sentiment, bolstered by the potential for lower interest rates, reduced corporate taxes, and deregulation.
Brian McNamara
Canaccord Genuity
Strong Buy
2024-11-01
Price Target
$164 → $155
Upside
+19.08%
