Lamb Weston (LW) PT Raised to $80 at BofA Securities

Lamb Weston (LW) PT Raised to $90 at Citi

October 21, 2024 8:13 AM EDT

Citi analyst Thomas Palmer raised the price target on Lamb Weston (NYSE: LW) to $90.00 (from $76.00) while maintaining a Buy rating.

The analyst comments "LW shares were +10% on Friday following activist filings by both JANA Partners (5.0% reported ownership) (Reuters, 18 Oct) and Continental Grain (0.4%). The... More

Lamb Weston (LW) PT Raised to $87 at Barclays

October 21, 2024 3:13 AM EDT

Barclays analyst Lauren Lieberman raised the price target on Lamb Weston (NYSE: LW) to $87.00 (from $74.00) while maintaining a Overweight rating.... More

Lamb Weston (LW) PT Raised to $79 at TD Cowen

October 18, 2024 12:53 PM EDT

TD Cowen analyst Robert Moskow raised the price target on Lamb Weston (NYSE: LW) to $79.00 (from $67.00) while maintaining a Hold rating.

The analyst comments "This morning, an SEC file disclosed that activist investor, JANA Partners, has taken a 5% stake in Lamb Weston. JANA,... More

Lamb Weston (LW) call put ratio 4.1 calls to 1 put as share price up 6.9%

October 18, 2024 10:22 AM EDT

Lamb Weston (NYSE: LW) 30-day option implied volatility is at 31; compared to its 52-week range of 17 to 73 after Jana built 5% stake in Lamb Weston, to push for sale, WSJ reports. Call put ratio 4.1 calls to 1 put as share price up 6.9%.

... More

Lamb Weston surges 11% as activist investor Jana takes a 5% stake

October 18, 2024 9:42 AM EDT

Shares of Lamb Weston Holdings Inc (NYSE: LW) surged as much as 11% in premarket trading Friday after reports that Jana Partners, an activist investor, confirmed it has a roughly 5% stake in the company. Moreover, the activist... More

Jana confirmed a 5% stake in Lamb Weston (LW)

October 18, 2024 9:23 AM EDT

Jana confirmed a 5% stake in Lamb Weston (NYSE: LW).

From the filing:

The Reporting Persons acquired the Shares because they believe the Shares are undervalued and represent an attractive investment opportunity. JANA, with the assistance of the other Reporting Persons and Continental Grain (as defined below), intends to have discussions with the... More

Jana to Push Lamb Weston (LW) to Explore Sale - WSJ

October 18, 2024 8:40 AM EDT

(Updated - October 18, 2024 8:42 AM EDT)

Jana to Push Lamb Weston (NYSE: LW) to Explore Sale - WSJ

Jana has a roughly 5% stake in the company.Jana could seek board seats.... More

Lamb Weston (LW) Announces Resignation of Chief Information and Digital Officer

October 18, 2024 6:05 AM EDT

On October 11, 2024, Sukshma Rajagopalan notified Lamb Weston (NYSE: LW) of her intention to resign as Chief Information and Digital Officer, effective October 25, 2024, to pursue another opportunity. Ms. Rajagopalans resignation is not the result of any disagreement with the Company on any matter relating to... More