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Benzinga
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These Analysts Boost Their Forecasts On Lamb Weston After Better-Than-Expected Q1 Results

1. Lamb Weston reported fiscal Q1 2026 net sales of $1.66 billion, above estimates. 2. Adjusted EPS of 74 cents surpassed expectations of 55 cents. 3. Company reaffirmed fiscal 2026 sales guidance between $6.35 billion and $6.55 billion. 4. Shares rose 5.9% to $61.49 following the earnings announcement. 5. Analysts adjusted price targets: Wells Fargo to $68, B of A to $66.

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FAQ

Why Bullish?

The positive earnings report and raised price targets signal strong investor confidence, similar to previous bullish trends after solid earnings in 2020.

How important is it?

Positive earnings and revised price targets enhance investor sentiment towards LW, leading to potential capital inflow.

Why Short Term?

Immediate market reactions to earnings can significantly affect stock prices, as seen in other quarterly reports.

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