Wells Fargo Maintains Overweight on Lamb Weston Hldgs, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Marc Torrente has maintained an Overweight rating on Lamb Weston Holdings (NYSE:LW) and increased the price target from $70 to $77.
October 03, 2024 | 5:05 pm
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Wells Fargo has reaffirmed its Overweight rating on Lamb Weston Holdings and increased the price target from $70 to $77, indicating a positive outlook.
The increase in price target from $70 to $77 by Wells Fargo suggests a positive outlook for Lamb Weston Holdings. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100