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Lamb Weston price target raised to $61 from $56 at Stifel

Stifel raised the firm’s price target on Lamb Weston (LW) to $61 from $56 and keeps a Hold rating on the shares after the company’s Q4 EBITDA and North America volume growth came in ahead of the company’s expectations. Initial FY26 guidance was below consensus, but the expected price/mix trajectory is “encouraging” and a new cost savings program supports greater confidence in margin improvement in FY27, the analyst tells investors.

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