McCormick & Company (MKC) is named one of the 11 Best Food Stocks by Wall Street Analysts. Bernstein raises its price target on MKC from $101 to $102 and maintains a “Market Perform” rating. The company reported solid results for Q2 2025 and reaffirmed its full-year guidance despite concerns about tariffs affecting its supply chain. MKC faces a 10% tariff on imports from most countries and an additional 30% tariff on imports from China. Bernstein highlights the company’s ability to reaffirm guidance while dealing with tariff costs as a sign of its strong business. MKC specializes in flavor products and distributes to retailers, food manufacturers, and foodservice businesses.
Read more at Yahoo Finance: Bernstein Raises McCormick & Company (MKC) PT, Keeps Market Perform Rating