Inside Jefferies’ Latest Call on Lamb Weston Holdings Inc (LW) Stock
Lamb Weston Holdings Inc (NYSE:LW) is one of the best stocks to buy according to Billionaire Barry Rosenstein. On June 12, Jefferies reiterated a Buy rating on
Lamb Weston Holdings Inc (NYSE:LW) is one of the best stocks to buy according to Billionaire Barry Rosenstein.
On June 12, Jefferies reiterated a Buy rating on Lamb Weston Holdings Inc (NYSE:LW) with a $55 price target on the shares. The target is based on roughly 10 times the company's 24-month forward EBITDA.
While the brokerage noted that restaurant foot traffic in the US weakened in May, it still expects Lamb Weston to post solid growth in North American volume in the fiscal Q4 2026. Jefferies expects customer wins, customer retention, and an extra week of sales to support the volume growth.
In Europe, where it has faced some market challenges, Lamb Weston is restructuring to improve operational efficiency. As part of this effort, the company has announced plans to close its production facility in the Netherlands in order to align manufacturing with market conditions.
The company is implementing what it calls the "Focus to Win" strategy, and it is the basis of the facility closure. This strategy is about strengthening customer partnerships, prioritizing markets and channels, and driving operational excellence.
Idaho-based Lamb Weston Holdings Inc (NYSE:LW) is a global supp
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/inside-jefferies-latest-call-lamb-175146623.html)
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