Why Lamb Weston Stock Was Plummeting This Week
Lamb Weston(LW) The Motley Fool·2024-07-26 19:49
An uninspiring end to the company's fiscal 2024 inspired analysts to cut their price targets, and even downgrade their recommendations.Earnings season is kind to some stocks, and merciless to others. Unfortunately for potato products supplier Lamb Weston (LW -6.04%), it fell into the latter category following the release of its latest set of quarterly results on Wednesday. What didn't help was a series of analyst price target recommendation downgrades and price target cuts in the wake of those results.The s ...