UPDATE: Deutsche Bank Lowers PT on McCormick & Company on Investor Concerns, High-Margin Consumer Strength
September 18, 2013 at 11:30 AM EDT
In a report published Wednesday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on McCormick & Company (NYSE: MKC ), but lowered the price target from $77.00 to $76.00. In the report, Deutsche Bank noted, “With the stock under-performing peers in 2013 YTD, investors clearly have concerns. But we