B of A Securities Maintains Buy on Lamb Weston Hldgs, Lowers Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Peter Galbo maintains a Buy rating on Lamb Weston Holdings (LW) but lowers the price target from $138 to $113.

April 05, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Lamb Weston Holdings but lowers the price target from $138 to $113.
While the maintenance of a Buy rating by B of A Securities indicates continued confidence in Lamb Weston Holdings' fundamentals and growth prospects, the reduction in the price target from $138 to $113 could reflect adjustments in valuation metrics, market conditions, or company-specific factors. This mixed signal might lead to short-term uncertainty among investors, potentially causing neutral impact on the stock price as positive sentiment from the Buy rating could be offset by the lowered price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100