Middleby's Q2 EPS of $2.39 exceeds estimates, and Robert W. Baird raises price target to $169.

Middleby's Q2 EPS of $2.39 surpasses analysts' estimate, and Robert W. Baird increased its price target to $169. The company's 50-day moving average is $126.79 and 200-day average is $139.08. Insiders have sold 2,385 shares, while Raymond James & Associates and Ballentine Partners LLC have increased their holdings. JPMorgan Chase & Co. raised its price target to $120, maintaining an underweight rating.