Citigroup Upgrades McCormick & Co to Neutral, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer has upgraded McCormick & Co (NYSE:MKC) from Sell to Neutral and raised the price target from $68 to $69.
June 12, 2024 | 10:17 am
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Citigroup analyst Thomas Palmer has upgraded McCormick & Co from Sell to Neutral and raised the price target from $68 to $69.
The upgrade from Sell to Neutral and the slight increase in the price target indicate a more positive outlook on McCormick & Co's stock. This could lead to a short-term increase in the stock price as investors react to the improved rating.
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IMPORTANCE 70
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