JP Morgan maintains Neutral on Lamb Weston Hldgs, raises target to $48
JP Morgan analyst Thomas Palmer maintained a Neutral rating on Lamb Weston Hldgs (NYSE: LW) and increased the price target to $48 from the previous $43.
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JP Morgan analyst Thomas Palmer maintained a Neutral rating on Lamb Weston Hldgs (NYSE: LW) and raised the price target to $48 from $43. The adjustment reflects a revised outlook on the company's stock performance.
Rating and Target
The firm continues to back the stock with a Neutral recommendation, signaling a steady expectation for its future returns. The new price target represents an increase over the previous estimate of $43.
| Analyst | Rating | Previous Target | New Target |
|---|---|---|---|
| Thomas Palmer (JP Morgan) | Neutral | $43 | $48 |
What specific factors drove the revision of Lamb Weston's outlook despite the Neutral rating?
How might recent commodity price fluctuations impact Lamb Weston's margins in the coming quarters?
What are the key risks or opportunities that could shift the rating from Neutral in the near future?
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