Middleby Corp. (MIDD) Misses Q3 EPS by 20c

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Go back to Middleby Corp. (MIDD) Misses Q3 EPS by 20c

FX Hits Middleby Corp's (MIDD) Net Sales; Roth Capital Cuts Price Target to $130

November 12, 2015 7:34 AM EST

Roth Capital maintained a Buy rating on Middleby Corp (NASDAQ: MIDD), and cut the price target to $130.00 (from $140.00), following the company's 3Q earnings report. Net sales in Q3 increased 11.1% to $449.0MM. FX reduced net sales by 3.1%. GAAP EPS equaled $0.86.

Analyst Anton Brenner... More