Citigroup Maintains Buy on Lamb Weston Hldgs, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer maintains a Buy rating on Lamb Weston Holdings (NYSE:LW) and raises the price target from $75 to $76.
October 03, 2024 | 5:50 pm
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Citigroup analyst Thomas Palmer has reaffirmed a Buy rating for Lamb Weston Holdings and increased the price target from $75 to $76, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by a major financial institution like Citigroup suggests confidence in Lamb Weston's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100