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Benzinga
Benzinga
Business
Priya Nigam

McCormick Stock Tanks After Q3 Earnings Beat, Higher Tariffs Impact Outlook

London,,On,,Canada,-,August,30,,2020:,Close,Up,Of

While McCormick & Company Inc (NYSE:MKC) delivered an earnings beat for the third quarter, its 2025 outlook reflects increased tariff-related cost pressures, according to BofA Securities.

The McCormick Analyst: Analyst Peter Galbo maintained a Buy rating and price target of $96.

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