Robert W. Baird downgraded Welbilt from Outperform to Neutral and set a new price target of $26.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/15/2021 | $20.00 → $24.00 | Overweight → Equal-Weight | Barclays |
| 7/2/2021 | Buy → Neutral | CL King |
15-12G - Welbilt, Inc. (0001650962) (Filer)
25-NSE - Welbilt, Inc. (0001650962) (Subject)
S-8 POS - Welbilt, Inc. (0001650962) (Filer)
Complementary acquisition enhances Commercial Water Solutions business; delivers total water management solutions for foodservice and hospitality customers Pentair plc (NYSE:PNR), a leading provider of water treatment and sustainable solutions, today announced that it has completed the previously announced transaction to acquire Manitowoc Ice from Welbilt, Inc. (NYSE:WBT) for $1.6 billion, subject to customary adjustments. Manitowoc Ice is a leading provider of commercial ice makers. "Manitowoc Ice is a great business and an iconic brand, and we are excited to welcome its team members to Pentair as we work together to deliver smart, sustainable water solutions to customers around the worl
Welbilt, Inc. (NYSE:WBT), a leading provider of commercial equipment and cloud device management for the foodservice industry, is proud to announce today the launch of the Largest Smart Restaurant Ecosystem. The ecosystem is powered by the biggest digital companies in the Internet of Things (IoT) space that will empower its homegrown cloud platform for connected restaurant equipment, KitchenConnect®. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220520005012/en/Largest Smart Restaurant Ecosystem Partners. (Graphic: Business Wire) The foodservice equipment industry is in the midst of the largest digital transformation in history.
Industry leaders collaborating to transform restaurant operations CHICAGO, May 19, 2022 /PRNewswire/ -- As restaurant operators seek to accelerate their digital transformation in response to labor challenges, changing consumer behaviors, and increasing cost pressures, AT&T*, Microsoft and Welbilt are coming together to help restaurants digitize, simplify and transform their kitchens across the food service industry. Welbilt selected AT&T to connect their award-winning KitchenConnect® cloud solution to build upon their restaurant equipment manufacturing expertise. KitchenConnect delivers improved efficiency, reduced cost, and enhanced food quality to commercial kitchens. "Using AT&T's wireles
4 - Welbilt, Inc. (0001650962) (Issuer)
4 - Welbilt, Inc. (0001650962) (Issuer)
4 - Welbilt, Inc. (0001650962) (Issuer)