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JPMorgan Chase Lowers Target Price for Lamb Weston Holdings

Guavy AI Editorial Team
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JPMorgan Chase & Co., one of the largest financial institutions in the US, has lowered its target price for Lamb Weston Holdings Inc. (NYSE:LW) from $52.00 to $46.00 in a research note issued on Wednesday.

The brokerage firm currently maintains a 'neutral' rating on the specialty retailer's stock. This price drop represents a potential upside of 9.55% from the current market price of Lamb Weston shares, which stood at $41.99 as of mid-day trading on Wednesday.

Lamb Weston is a global producer and marketer of frozen potato products, supplying French fries, hash browns, and other specialty potato items to restaurants, foodservice distributors, retailers, and food manufacturers.

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