Canaccord Genuity maintains Buy rating on Middleby, lowers PT to $162.

Canaccord Genuity maintains Buy rating on Middleby, lowers PT to $162.

In a significant move, analysts from various financial institutions have revised their price targets and recommendations for several major U.S. companies. This adjustment reflects a shift in market sentiment and the latest financial data. Key highlights from the recent updates include:

- Applovin Corp (APP): Jefferies raised its price target to $560 from $530, while Morgan Stanley increased its target to $480 from $460. Piper Sandler also raised its target to $500 from $470.
- Costco Wholesale Corp (COST): JP Morgan increased its price target to $1.160 from $1.115.
- Hubspot Inc (HUBS): Raymond James lowered its price target to $655 from $825.
- Rockwell Automation Inc (ROK): Daiwa Capital Markets raised its price target to $360 from $347.
- Transdigm Group Inc (TDG): JP Morgan increased its price target to $1.500 from $1.480.

Analysts at Canaccord Genuity have maintained a Buy rating on Middleby, but lowered its price target to $162 from an unspecified previous figure. This adjustment indicates a cautious approach while still maintaining a positive outlook on the company's prospects.

The updates reflect a broad range of opinions and strategies among analysts, with some companies seeing increased optimism and others facing more cautious assessments. The market continues to be influenced by a variety of factors, including earnings reports, economic indicators, and geopolitical events.

References:
[1] https://it.tradingview.com/news/reuters.com,2025:newsml_L8N3TZ352:0/