J.P. Morgan Remains a Hold on Lamb Weston Holdings (LW)
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Thomas Palmer maintained a Hold rating on Lamb Weston Holdings (LW) with a $48 price target in a recent report. This follows a Buy rating from Wells Fargo and a Hold from Bernstein's Alexia Burland Howard, indicating mixed institutional sentiment for the consumer defensive stock.
In a report released today, Thomas Palmer from J.P. Morgan maintained a Hold rating on Lamb Weston Holdings, with a price target of $48.00.
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Palmer covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, The Hershey Company, and General Mills. According to TipRanks, Palmer has an average return of -1.8% and a 41.52% success rate on recommended stocks.
In addition to J.P. Morgan, Lamb Weston Holdings also received a Hold from Bernstein’s Alexia Burland Howard in a report issued on June 30. However, yesterday, Wells Fargo assigned a Buy rating to Lamb Weston Holdings (NYSE: LW).
