Top Wall Street Forecasters Revamp Lamb Weston Price Expectations Ahead Of Q3 Earnings

Core Insights - Lamb Weston Holdings, Inc. is set to release its third-quarter earnings results on April 3, with analysts expecting earnings of 87 cents per share, a decrease from $1.2 per share in the same quarter last year [1] - The company projects quarterly revenue of $1.49 billion, slightly up from $1.46 billion a year earlier [1] - A quarterly dividend of 37 cents per share was declared on March 20 [1] Stock Performance - Lamb Weston shares increased by 1.6%, closing at $54.15 on Wednesday [2] Analyst Ratings - Barclays analyst Lauren Lieberman maintains an Overweight rating, reducing the price target from $87 to $60 [5] - Stifel analyst Matthew Smith holds a Hold rating, lowering the price target from $80 to $68 [5] - Jefferies analyst Rob Dickerson keeps a Buy rating, raising the price target from $80 to $95 [5] - JP Morgan analyst Ken Goldman maintains a Neutral rating, increasing the price target from $68 to $78 [5] - Deutsche Bank analyst Steve Powers initiates coverage with a Hold rating and a price target of $81 [5]