Lamb Weston drops 9% on weak outlook despite Q3 beat

Lamb Weston stock fell 9% after beating Q3 earnings but missing full-year forecasts. Revenue rose 3% to $1.56 billion, and adjusted EPS hit $0.72. BofA cut the price target to $47, citing market headwinds, while JPMorgan called the results "better than feared." Retail sentiment turned bullish despite the slide.