Stifel Maintains Buy on Lamb Weston Hldgs, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith maintains a Buy rating on Lamb Weston Holdings (NYSE:LW) but lowers the price target from $130 to $115.
April 05, 2024 | 12:28 pm
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Stifel maintains a Buy rating on Lamb Weston Holdings but lowers the price target from $130 to $115.
While the reduction in price target from $130 to $115 by Stifel could suggest a tempered outlook on Lamb Weston Holdings' short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the analyst's ongoing endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100