Lamb Weston Holdings Inc. (LW) has been on a roller coaster ride as per the industry's recent updates. On one hand, the stock has been outperforming its competitors on strong trading days, despite experiencing some losses. However, Lamb Weston's stock has also seen a significant plunge, underperforming compared to its competitors. The company's Q3 2024 Earnings Call Transcript and Q2 earnings have been of interest to the market, with analysts setting price targets at $117.40. Certain stakeholders, like Corient Private Wealth LLC and Clearbridge Investments LLC, have increased their stakes, and new stakes have been purchased by Brown Advisory Inc. and Oliver Luxxe Assets LLC. Interestingly, a software issue impacting third quarter results and fiscal outlook led to a marked drop in Lamb Weston's stock. Nevertheless, analysts largely remain bullish, predicting growth and correlating this with a Pricing Strategy expected to counter cost pressures. Despite a 25% fall in its stock over a week, analysts suggest Lamb Weston is currently undervalued.
Lamb Weston Holdings LW News Analytics from Thu, 05 Oct 2023 07:00:00 GMT to Wed, 29 May 2024 21:18:00 GMT -
Rating 2
- Innovation -3
- Information 3
- Rumor -4
