Lamb Weston Holdings Soars 1.71% Amid Board Overhaul Call

Lamb Weston Holdings (LW) shares rose to their highest level since April 2025 today, with an intraday gain of 1.71%.

The strategy of buying LW shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 8.33%, slightly underperforming the market by 1.38 percentage points. With a final value of $1,216.75, the strategy generated a 21.68% increase from the initial investment of $1,000, indicating it was a decent choice for a risk-averse investor seeking stable returns.

Barclays recently adjusted their price target for Lamb Weston Holdings, reducing it from $69.00 to $61.00 while maintaining an "overweight" rating. This change in outlook could influence investor sentiment and trading activities, potentially affecting the stock's performance.

Activist investor JANA Partners has called for a significant overhaul of the Lamb Weston board, citing shareholder discontent. Such activist interventions often lead to substantial changes in corporate governance and strategic direction, which can have a notable impact on the company's stock price.