BofA Cuts PT on Lamb Weston Holdings (LW) to $49 From $53 – Here’s Why

Lamb Weston Holdings, Inc. (NYSE:LW) is one of the best undervalued defensive stocks for 2026. BofA cut the price target on Lamb Weston Holdings, Inc. (NYSE:LW) to $49 from $53 on March 13, reiterating a Neutral rating on the shares. The firm told investors that the company is likely to experience increased earnings pressure in the second half as compared to the first half, as well as competitive challenges that are likely to pressure the balance of the year. It further told investors in a research note th ...