Goldman Sachs Maintains Buy on Lamb Weston Hldgs, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Adam Samuelson maintains a Buy rating on Lamb Weston Holdings (NYSE:LW) but lowers the price target from $132 to $78.
July 25, 2024 | 3:28 pm
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Goldman Sachs analyst Adam Samuelson maintains a Buy rating on Lamb Weston Holdings but lowers the price target from $132 to $78.
The Buy rating suggests continued confidence in the company's long-term prospects, but the significant reduction in the price target indicates concerns about short-term performance or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100