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Fly News Breaks for December 15, 2016
MIDD
Dec 15, 2016 | 06:36 EDT
As previously reported, Macquarie downgraded Middleby to Neutral from Outperform and lowered its price target to $150 from $155. Analyst James Clement said he is finding it harder to project upside to consensus estimates and said valuation is lofty.
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