JPMorgan Lowers its Price Target on McCormick & Company. (MKC) to $64

McCormick & Company, Incorporated (NYSE:MKC) is 1 of the 10 Best Stocks That Beat Earnings Estimates. On April 1, 2026, JPMorgan expert Thomas Palmer lowered the terms people connected McCormick & Company, Incorporated (NYSE:MKC) to $64 from $67 and maintained an Overweight rating, noting the institution is not receiving the “benefit of the doubt” from investors regarding its nutrient deal.

On March 31, 2026, McCormick & Company, Incorporated (NYSE:MKC) reported Q1 gross of $1.87B, supra the $1.79B statement estimate. CEO Brendan Foley said the institution delivered maturation successful sales, operating income, and net per share, supported by the McCormick de Mexico acquisition and integrated maturation crossed some segments, alongside outgo subject that drove borderline expansion.

The institution reaffirmed its FY26 adjusted EPS guidance of $3.05-$3.13 versus $3.09 statement and expects gross maturation of 13%-17%, with a projected taxation complaint of 24%. Management said volumes were successful enactment with expectations and anticipates sequential betterment done the year, supported by marque investments, innovation, and organisation gains.

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McCormick & Company, Incorporated (NYSE:MKC) produces and sells spices, seasonings, and related nutrient products globally.

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