Barclays Maintains Overweight on Lamb Weston Hldgs, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Marc Solecitto maintains an Overweight rating on Lamb Weston Holdings (LW) but lowers the price target from $125 to $105.
April 08, 2024 | 2:14 pm
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Barclays maintains an Overweight rating on Lamb Weston Holdings but lowers the price target from $125 to $105.
While the maintenance of an Overweight rating suggests a positive outlook on Lamb Weston Holdings, the reduction in the price target could indicate a tempered expectation for the stock's performance in the short term. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price target expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100