Barclays Maintains Overweight on Middleby, Lowers Price Target to $145
Barclays analyst Adam Seiden maintains Middleby (NASDAQ:MIDD) with a Overweight and lowers the price target from $155 to $145.
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Middleby Lowers FY2026 Adj EPS Guidance from $9.54-$9.70 to $6.73-$6.89 vs $7.31 Est; Lowers FY2026 Sales Guidance from $3.360B-$3.440B to $2.480B-$2.530B vs $2.695B Est
Middleby (NASDAQ:MIDD) lowers FY2026 Adj EPS guidance from $9.54-$9.70 to $6.73-$6.89 vs $7.31 analyst estimate. Lowers FY2026 sales outlook from $3.360 billion-$3.440 billion to $2.480 billion-$2.530 billion vs $2.695
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