Lamb Weston Is A Compelling Investment Opportunity, Says Analyst
Portfolio Pulse from Shivani Kumaresan
Stifel analyst Matthew E. Smith reiterated a Buy rating on Lamb Weston Holdings Inc (NYSE:LW) with an unchanged price target of $115. The company recently provided long-term financial targets, reiterated the FY24 outlook, and boosted share repurchase authorization. The analyst believes that Lamb Weston is a compelling investment opportunity with an advantaged growth outlook relative to packaged foods peers and a favorable industry structure that supports strong earnings growth potential.
October 12, 2023 | 6:36 pm
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Lamb Weston Holdings Inc (NYSE:LW) has been reiterated as a Buy by Stifel analyst Matthew E. Smith. The company's strong growth outlook and earnings potential make it a compelling investment opportunity.
The analyst's positive outlook on Lamb Weston Holdings Inc, along with the company's recent financial targets and share repurchase authorization, suggest a potential positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100