Lamb Weston price target lowered to $45 from $50 at Stifel

Stifel lowered the firm’s price target on Lamb Weston (LW) to $45 from $50 and keeps a Hold rating on the shares. Lamb Weston reported a strong third quarter and raised the midpoint of both its revenue and EBITDA ranges for FY26, though the raise was less than the Q3 beat relative to the firm’s estimates, implying a softer than expected fourth quarter, the analyst tells investors.