BofA analysts are removing McCormick (MKC) from the firm’s “US 1 List,” a collection of the best investment ideas that are drawn from the universe of Buy-rated, U.S.-listed stocks covered by BofA Global Research fundamental equity research analysts. The firm is also renewing RenaissanceRe (RNR), Northrop Grumman (NOC), and RTX (RTX) for new terms following 52 weeks on the list.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MKC:
- Tariffs Threaten McCormick & Company’s Profitability Amid Rising Costs and Uncertain Trade Relations
- McCormick price target lowered to $76 from $82 at Stifel
- McCormick’s Earnings Call: Mixed Sentiments and Strategic Growth
- McCormick & Company Faces Financial Strain Amid U.S. Trade Policy Challenges
- McCormick price target raised to $102 from $101 at Bernstein