Barclays analyst Andrew Lazar lowered the firm’s price target on McCormick (MKC) to $67 from $72 and keeps an Equal Weight rating on the shares following the Q4 earnings report. While McCormick indicated on its fiscal Q3 that it may protect volume momentum over shorter term profit growth in fiscal 2026, new headwinds related to the acceleration of its enterprise resource planning implementation and a tax headwind were previously unknown, the analyst tells investors in a research note.
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