Freedom Broker Starts Mueller Industries (MLI) at Buy

Freedom Broker analyst Sergey Glinyanov initiates coverage on Mueller Industries (NYSE: MLI) with a Buy rating and a price target of $93.00.

The analyst comments "We are initiating coverage of Mueller Industries, Inc. (MLI) with a Buy rating and a target price of $93 per share. As a leading U.S. producer of copper tube, fittings, brass rod, and HVAC components, Mueller is well-positioned across key construction and industrial markets. Its vertically integrated model, strong brand, and recent entry into electrical infrastructure via Nehring Electrical Works support a compelling growth runway tied to electrification and domestic manufacturing tailwinds."

For an analyst ratings summary and ratings history on Mueller Industries click here. For more ratings news on Mueller Industries click here.

Shares of Mueller Industries closed at $76.98 yesterday.

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