Stifel Maintains Hold on McCormick & Co, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith maintains a Hold rating on McCormick & Co (NYSE:MKC) and raises the price target from $75 to $85.
October 02, 2024 | 3:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stifel analyst Matthew Smith maintains a Hold rating on McCormick & Co and raises the price target from $75 to $85, indicating a positive outlook.
The increase in price target from $75 to $85 by Stifel suggests a positive outlook for McCormick & Co, which could lead to a short-term increase in stock price. However, the Hold rating indicates a balanced view, suggesting limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100