Consumer Edge Research Downgrades McCormick & Co to Equal-Weight
Portfolio Pulse from Benzinga Newsdesk
Consumer Edge Research analyst Connor Rattigan has downgraded McCormick & Co (NYSE:MKC) from Overweight to Equal-Weight.
January 22, 2024 | 3:11 pm
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McCormick & Co was downgraded from Overweight to Equal-Weight by Consumer Edge Research, potentially impacting investor sentiment.
Downgrades by analysts can lead to a negative short-term reaction in the stock price as they may indicate a less favorable outlook on the company's future performance.
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IMPORTANCE 75
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