UPDATE: Deutsche Bank Downgrades McCormick After 17 Years
January 30, 2014 at 11:28 AM EST
In a report released Thursday morning, Deutsche Bank analyst Eric Katzman lowered McCormick (NYSE: MKC ) from a Buy to Hold, with a price target of $66. Katzmans elaborates on the downgrade, "in our view, and the shares now trade in line with the peer group average. Current valuation levels
