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Middleby price target raised to $140 from $125 at JPMorgan

JPMorgan raised the firm’s price target on Middleby (MIDD) to $140 from $125 and keeps a Neutral rating on the shares. The firm adjusted targets in the machinery and waste services group as part of a Q4 preview. JPMorgan prefers truck-related names into earnings. It expects the waste names to guide below consensus.

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