B of A Securities Upgrades McCormick & Co to Buy, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Peter Galbo upgrades McCormick & Co (NYSE:MKC) from Underperform to Buy and raises the price target from $75 to $100.
June 06, 2023 | 10:57 am
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POSITIVE IMPACT
McCormick & Co (NYSE:MKC) upgraded to Buy by B of A Securities, with a raised price target of $100.
The upgrade from Underperform to Buy and the increase in price target from $75 to $100 by B of A Securities analyst Peter Galbo indicates a positive outlook for McCormick & Co. This is likely to have a positive short-term impact on the stock price as investors may see this as a signal to buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100