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Wells Fargo analyst Marc Torrente maintains Lamb Weston Hldgs (NYSE:LW) with a Overweight and raises the price target from $54 to $57.
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Campbell's reported quarterly earnings of $0.39 per share, missing the consensus estimate of $0.40 and falling short of year-ago earnings of $0.62. Revenue also missed expectations at $2.14 billion. The company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revisions, and shares have declined 14.7% year-to-date versus the S&P 500's 12% gain. The Food - Miscellaneous industry ranks in the bottom 20% of Zacks industries.
Jana Partners adds Everpure stock, a growing player in AI and data center market, to its portfolio. It also lowers its stake in other companies.
TD Cowen analyst Robert Moskow maintains Lamb Weston Holdings (NYSE:LW) with a Hold and raises the price target from $40 to $52.