McCormick shares fluctuate amid rising cost pressures and shifting analyst views
MKC McCormick & Co Inc
$45.54 +1.95%
View chart & analysis → 
- 1Bank of America announced that rising costs will pressure consumer staples companies for the remainder of the year.
- 2Robert Moses lowered the recommendation for McCormick on September 14, setting a price target of $55.
- 3Thomas Palmer maintained an overweight rating on McCormick, setting a price target of $62.
So what's the key point?
Companies may face difficulties as the costs of making products increase. Experts are divided on whether McCormick's stock price will continue to rise.
Source Nasdaq +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.