That sounds like an accurate number.
The same thing happened to me. To fix, go into the device settings, user profile, and remove (turn off) the running heart rate profile and just leave it on default. Ever since I did that, I have been getting accurate heart rates for the LT test.
Here is another thread where this issue is mentioned.
https://forums.garmin.com/forum/on-the-trail/wrist-worn/fenix-5x/1299711-lactic-threshold