BMO Capital Initiates Coverage On Duckhorn Portfolio with Market Perform Rating, Announces Price Target of $14
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has initiated coverage on Duckhorn Portfolio (NYSE:NAPA) with a Market Perform rating and a price target of $14.
September 05, 2023 | 10:10 am
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NEUTRAL IMPACT
Duckhorn Portfolio (NYSE:NAPA) has been initiated with a Market Perform rating by BMO Capital, with a price target of $14.
The initiation of coverage by BMO Capital with a Market Perform rating suggests that the analyst believes the stock will perform in line with the market. The price target of $14 provides a benchmark for investors. This news is highly relevant to NAPA as it directly pertains to the company's stock. The importance is moderate as analyst ratings can influence investor sentiment and stock performance. The confidence in this analysis is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100