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Posted by
Two Blokes Jun 15 -
Filed in
Stock
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6 views
Despite recent revenue declines and mixed segment results, Middleby remains attractively valued relative to peers, supporting a bullish stance. A major catalyst is the planned spinoff of the Food Processing Equipment Group, unlocking value and growth potential for both entities. Management targets significant revenue and EBITDA growth for both the spun-off and remaining businesses by 2028, implying strong annualized upside.