Inside Jefferies’ Latest Call on Lamb Weston Holdings Inc (LW) Stock

Lamb Weston Holdings Inc (NYSE:LW) is one of the best stocks to buy according to Billionaire Barry Rosenstein.

On June 12, Jefferies reiterated a Buy rating on Lamb Weston Holdings Inc (NYSE:LW) with a $55 price target on the shares. The target is based on roughly 10 times the company’s 24-month forward EBITDA.

Inside Jefferies’ Latest Call on Lamb Weston Holdings Inc (LW) Stock

While the brokerage noted that restaurant foot traffic in the US weakened in May, it still expects Lamb Weston to post solid growth in North American volume in the fiscal Q4 2026. Jefferies expects customer wins, customer retention, and an extra week of sales to support the volume growth.

In Europe, where it has faced some market challenges, Lamb Weston is restructuring to improve operational efficiency. As part of this effort, the company has announced plans to close its production facility in the Netherlands in order to align manufacturing with market conditions.

The company is implementing what it calls the “Focus to Win” strategy, and it is the basis of the facility closure. This strategy is about strengthening customer partnerships, prioritizing markets and channels, and driving operational excellence.

Idaho-based Lamb Weston Holdings Inc (NYSE:LW) is a global supplier of frozen potato products. Its product range includes straight cuts, waffle fries, and crinkle-cut fries. The company supplies restaurants, fast-food chains, and retail grocery stores around the world.

While we acknowledge the risk and potential of LW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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