Lamb Weston (LW) PT Lowered to $69 at Goldman Sachs

December 15, 2021 4:27 PM EST
Get Alerts LW Hot Sheet
Price: $87.73 +1.41%

Rating Summary:
    8 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 2 | Down: 23 | New: 24
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Goldman Sachs analyst Adam Samuelson lowered the price target on Lamb Weston (NYSE: LW) to $69.00 (from $71.00) while maintaining a Neutral rating.

  • For FY22 they lower EPS to $1.46 from $1.63 on the lower FY2Q and a more tempered FY4Q22 margin cadence given the short potato crop
  • FY23/FY24 estimates moving to $2.76/$3.19 from $2.80/$3.23

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