Zacks Investment Research upgraded shares of MIDDLEBY CORP (MIDD) from NEUTRAL to OUTPERFORM on October 11, 2012, with a target price of $122.70.
MIDDLEBY CORP. through its subsidiaries and their operating divisions, is engaged in the manufacture and sale of commercial foodservice equipment and beverage merchandisers. It designs, develops, manufactures and markets a broad line of equipment used for the cooking, preparation and refrigeration of food for commercial and institutional kitchens and restaurants, along with a line a refrigerated display coolers used primarily by soft drink bottlers in supermarkets and other retail outlets.
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