McCormick & Co Reaches Analyst Target Price
November 23, 2021 at 11:06 AM EST
In recent trading, shares of McCormick & Co Inc (MKC) have crossed above the average analyst 12-month target price of $84.00, changing hands for $84.77/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..