JP Morgan Downgrades Lamb Weston Hldgs to Neutral, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Thomas Palmer has downgraded Lamb Weston Holdings from Overweight to Neutral, while raising the price target from $63 to $68.
October 07, 2024 | 1:50 pm
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JP Morgan has downgraded Lamb Weston Holdings from Overweight to Neutral, indicating a more cautious outlook. However, the price target has been raised to $68, suggesting some positive expectations.
The downgrade from Overweight to Neutral suggests a less bullish stance by JP Morgan, which could lead to a neutral short-term impact on the stock price. However, the raised price target to $68 indicates some positive expectations, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100