Trade Report: Today, Morgan Stanley Reaffirmed “Equal Weight” Rating for Lamb Weston Holdings, Inc. (LW)

Today, Morgan Stanley Reaffirmed “Equal Weight” Rating for Lamb Weston Holdings, Inc. (LW)

Lamb Weston Holdings, Inc. (NYSE:LW)‘s stock had its “equal weight” rating restated by equities researchers at Morgan Stanley in a report issued on Saturday. They presently have a $32.00 price objective on the stock. Morgan Stanley’s price target would suggest a potential downside of 1.81% from the company’s previous close.

Several other research firms also recently commented on LW. Stifel Nicolaus initiated coverage on shares of Lamb Weston Holdings in a report on Friday, November 11th. They issued a “buy” rating and a $34.00 price objective on the stock. Barclays PLC initiated coverage on shares of Lamb Weston Holdings in a report on Friday, November 11th. They issued an “overweight” rating and a $35.00 price objective on the stock. Jefferies Group initiated coverage on shares of Lamb Weston Holdings in a report on Thursday, November 17th. They issued a “buy” rating on the stock. Finally, Bank of America Corp. initiated coverage on shares of Lamb Weston Holdings in a report on Wednesday, November 16th. They issued a “buy” rating and a $34.00 price objective on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $33.75.

Lamb Weston Holdings (NYSE:LW) traded down 1.30% during trading on Friday, reaching $32.59. 827,809 shares of the company traded hands. Lamb Weston Holdings has a 52 week low of $29.62 and a 52 week high of $33.47. The firm has a 50-day moving average price of $32.17 and a 200-day moving average price of $32.17.

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