NasdaqGS:MIDDMachinery
Middleby (MIDD): Assessing Valuation After Jefferies’ Upgrade and Insider Buying Signal
Middleby (MIDD) just caught fresh attention after Jefferies shifted to a Buy rating, pointing to momentum in its Commercial Foodservice business, healthier margins, and ongoing support from share repurchases and insider buying.
See our latest analysis for Middleby.
The Jefferies upgrade seems to have lit a fire under the stock, with a 1 day share price return of 9.27 percent and a 7 day share price return of 17.56 percent, even though the 1 year total shareholder return is still slightly...