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Lamb Weston price target lowered to $56 from $60 at BofA

BofA lowered the firm’s price target on Lamb Weston (LW) to $56 from $60 and keeps a Neutral rating on the shares. The firm lowered its Q4 adjusted EPS estimate to 59c from 61c and lowered its FY26 adjusted EPS view to $2.90 from $3.30, reflecting the expectation for its adjusted EBITDA margin to be below the company’s 19%-20% medium term guidance range.

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