Street View: Analysts grow more confident in Lamb Weston's outlook

Lamb Weston Holdings

07/10/2026 14:37

** Lamb Weston LW.N on Tuesday raised its annual sales and profit forecasts on resilient frozen potato products demand from quick-service restaurants, after first-quarter results beat
** Median PT of 13 brokerages: $55 - data compiled by LSEG

N.AMERICA DRIVES BEAT
** Jefferies ("buy", PT: $60) says LW's North American momentum intact, driven by new customer wins, exposure to faster-growing chicken QSRs and improving pricing
** Adds that European conditions improving due to weaker potato crop, plant closures and tightening supply, leading to International margin recovery
** TD Cowen ("hold", PT: $52) says stronger-than-expected North America results and confidence in contract-pricing eased concerns about freight costs and weak traffic at restaurant customers such as McDonald's MCD.N 
** Morningstar says a poor European crop could help rebalance an oversupplied market; still sees stock undervalued, following the rally
     

 (Reporting by Shania S Thomas in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))