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

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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