Bernstein Raises McCormick & Company (MKC) PT, Keeps Market Perform Rating

McCormick & Company, Incorporated (NYSE:MKC) is one of the 11 Best Food Stocks to Buy According to Wall Street Analysts. On June 27, Bernstein SocGen Group increased its price target on McCormick & Company, Incorporated (NYSE:MKC) from $101 to $102 and kept a “Market Perform” rating.

This decision came after McCormick & Company, Incorporated (NYSE:MKC) reported results for the second quarter of 2025, which were described as “solid” by Bernstein. The company also reaffirmed its full-year 2025 guidance, even when there were concerns about tariffs impacting its global supply chain.

McCormick & Company, Incorporated (NYSE:MKC) sources its ingredients from different countries. It faces a 10% tariff on imports from most countries and an additional 30% tariff on imports from China.

Bernstein pointed out that the company’s ability to reaffirm its guidance while digesting these tariff costs shows “the strength of the underlying business.”

McCormick & Company, Incorporated (NYSE:MKC) is an American food company that specializes in flavor. It manufactures, markets, and distributes herbs, spices, seasonings, condiments, and flavors to retailers, food manufacturers, and foodservice businesses.

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Disclosure: None. This article is originally published at Insider Monkey.