McCormick price target lowered to $82 from $85 at Barclays

Barclays lowered the firm’s price target on McCormick (MKC) to $82 from $85 and keeps an Equal Weight rating on the shares. While McCormick moderated the low end of its fiscal 2025 organic sales growth range likely due to a slower recovery in China, the company’s Q4 sales momentum in its consumer segment “should carry the day” with respect to near-term relative share performance, the analyst tells investors in a research note.