Barclays Maintains Overweight on Duckhorn Portfolio, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on Duckhorn Portfolio (NYSE:NAPA) but lowers the price target from $14 to $12.
October 12, 2023 | 6:04 pm
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Barclays maintains an Overweight rating on Duckhorn Portfolio but lowers the price target from $14 to $12.
The news is directly related to Duckhorn Portfolio (NAPA). Barclays' decision to lower the price target could negatively impact the stock's price in the short term as it indicates a lower expected value. However, the maintenance of an Overweight rating suggests that Barclays still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100