Wells Fargo raised the firm’s price target on Lamb Weston (LW) to $66 from $65 and keeps an Overweight rating on the shares. The firm notes the top-line outlook is stabilizing on better volume trends. EBITDA guide was soft, but likely a conservative starting point with tangible actions yielding upside potential, Wells adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LW:
- Lamb Weston Reports 2025 Results and Strategic Plan
- Trump announces tariff deal with Japan, AT&T reports Q2 beat: Morning Buzz
- Lamb Weston rises 17.3%
- Lamb Weston to cut 4% of workforce as part of cost savings plan
- Lamb Weston rises 15.5%