TD Cowen Downgrades Lamb Weston Hldgs to Hold, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Robert Moskow has downgraded Lamb Weston Holdings (NYSE:LW) from Buy to Hold and significantly lowered the price target from $105 to $61.
July 25, 2024 | 6:41 pm
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TD Cowen analyst Robert Moskow downgraded Lamb Weston Holdings from Buy to Hold and reduced the price target from $105 to $61, indicating a less optimistic outlook for the company's stock.
The downgrade from Buy to Hold and the significant reduction in the price target from $105 to $61 by TD Cowen suggests a less favorable view of Lamb Weston Holdings' future performance. This is likely to negatively impact the stock price in the short term as investors react to the revised outlook.
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