McCormick & Company, Incorporated (NYSE:MKC) Price Target Raised to $78.00

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JPMorgan Chase & Co. has increased its price target for McCormick & Company, Incorporated (NYSE:MKC) to $78.00, maintaining an “overweight” rating and suggesting a potential upside of 13.88%. While some analysts like Jefferies also raised their targets, others like HSBC, Barclays, and UBS have lowered theirs, leading to a mixed analyst picture and a consensus “Hold” rating with an average target of $73.90. The company recently reported Q1 EPS of $0.86, missing estimates slightly, and notable insider selling activity has been observed.

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