Barclays Maintains Equal-Weight on McCormick & Co, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Equal-Weight rating on McCormick & Co (NYSE:MKC) and raises the price target from $77 to $85.
July 03, 2023 | 9:51 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on McCormick & Co and raises the price target from $77 to $85, which could potentially lead to an increase in the stock's price.
The news directly pertains to McCormick & Co as Barclays, a major financial institution, maintains an Equal-Weight rating on the company and raises the price target. This suggests that Barclays sees potential in the company's stock, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100