Lamb Weston price target raised to $60 from $58 at TD Cowen

TD Cowen analyst Robert Moskow raised the firm’s price target on Lamb Weston (LW) to $60 from $58 and keeps a Hold rating on the shares. The firm said Q1 volume and EBITDA beat internal expectations, but management maintained FY26 guidance to reflect price/mix headwinds. New business wins and the decision to restart a curtailed production line demonstrate that the company has regained commercial momentum with customers. Nonetheless, the path to fully restoring volume and margins to prior levels remains challenging.