Lamb Weston price target lowered to $105 from $125 at Barclays

Barclays analyst Andrew Lazar lowered the firm’s price target on Lamb Weston to $105 from $125 and keeps an Overweight rating on the shares. While EBITDA estimates for fiscal 2025 may not change all that much, slowing restaurant traffic and some ERP-related customer losses “have changed the narrative and the associated multiple many are comfortable assigning the stock,” the analyst tells investors in a research note.