Stifel Raises Price Target on Lamb Weston (LW) Ahead of 2Q Report

Go back to Stifel Raises Price Target on Lamb Weston (LW) Ahead of 2Q Report

Stifel Raises Price Target on Lamb Weston (LW) Following 2Q EPS Beat

January 11, 2017 9:11 AM EST

Stifel reiterated a Buy rating on Lamb Weston (NYSE: LW), and raised the price target to $42.00 (from $38.00), following the company's 2Q earnings report. LW reported EPS of $0.63 per share, well ahead of $0.49 estimates.

Analyst Christopher Growe commented, "Lamb Weston reported its 2Q17... More