Stifel Downgrades Lamb Weston Hldgs to Hold, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith has downgraded Lamb Weston Holdings (NYSE:LW) from Buy to Hold and lowered the price target from $115 to $60.
July 25, 2024 | 9:40 am
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Stifel analyst Matthew Smith downgraded Lamb Weston Holdings from Buy to Hold and significantly lowered the price target from $115 to $60.
The downgrade from Buy to Hold and the significant reduction in the price target from $115 to $60 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Lamb Weston Holdings in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100