Canaccord Genuity Upgrades Vintage Wine Estates to Hold, Raises Price Target to $1.1
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Luke Hannan has upgraded Vintage Wine Estates (NASDAQ:VWE) from Sell to Hold and raised the price target from $1 to $1.1.
July 21, 2023 | 1:39 pm
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Vintage Wine Estates has been upgraded from Sell to Hold by Canaccord Genuity, with a raised price target from $1 to $1.1.
The upgrade from Sell to Hold indicates a more positive outlook for Vintage Wine Estates by Canaccord Genuity. The raised price target from $1 to $1.1 also suggests an expected increase in the stock's value. This could potentially lead to a short-term positive impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100