Barclays analyst Andrew Lazar lowered the firm’s price target on McCormick (MKC) to $72 from $82 and keeps an Equal Weight rating on the shares following the earnings report. With tariff mitigation actions building, McCormick enters this period from a relative position of strength, the analyst tells investors in a research note.
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Read More on MKC:
- McCormick price target lowered to $89 from $96 at BofA
- McCormick & Company: Strategic Resilience and Growth Amid Market Challenges Justifies Buy Rating
- McCormick price target lowered to $79 from $82 at JPMorgan
- McCormick & Company: Strong Sales and Strategic Measures Support Buy Rating Amid Inflation Challenges
- McCormick & Company Reports Steady Q3 Growth
