12:30 PM EDT, 04/02/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target price to $42 from $51, based on an 8.5x EV/EBITDA multiple (was 9.0x) applied to our FY 27 (May) EBITDA estimate of $1,131M (cut from $1,216M). We reduce our FY 26 EPS estimate to $2.81 from $3.04 and FY 27 to $3.06 from $3.51. LW continues to face a soft market in Europe, prompting the company to curtail production in the Netherlands and write down excess potato inventory. North America results are beginning to improve following recent capacity cuts and higher manufacturing utilization rates. North American prices for the 2026 potato crop should decline in the low- to mid-single-digit percentage range. Pricing should fall even further in Europe given the potato oversupply facing the industry. With lower input costs, price/mix growth should continue to decelerate in FY 27, placing greater pressure on the company to drive top-line gains through volume. We believe this will prove difficult given the challenging restaurant industry backdrop, exacerbated by the U.S.-Iran conflict.