McCormick Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - McCormick & Company is set to release its second-quarter earnings results on June 26, with analysts expecting earnings of 65 cents per share, a decrease from 69 cents per share in the same period last year [1] - The company projects quarterly revenue of $1.66 billion, slightly up from $1.64 billion a year earlier [1] - On June 24, McCormick declared a quarterly dividend of 45 cents per share [2] Group 2 - McCormick shares experienced a decline of 1.4%, closing at $73.64 [2] - JP Morgan analyst Ken Goldman maintained an Underweight rating but raised the price target from $66 to $69 [4] - TD Cowen analyst Robert Moskow upgraded the stock from Hold to Buy, increasing the price target from $86 to $90 [4] - Jefferies analyst Rob Dickerson also upgraded the stock from Hold to Buy, raising the price target from $85 to $91 [4] - Stifel analyst Matthew Smith maintained a Hold rating while boosting the price target from $75 to $85 [4] - Argus Research analyst John Staszak upgraded the stock from Hold to Buy with a price target of $88 [4]