BMO Capital Maintains Market Perform on Duckhorn Portfolio, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a Market Perform rating on Duckhorn Portfolio (NYSE:NAPA) but has lowered the price target from $13 to $11.
December 11, 2023 | 1:59 pm
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NEGATIVE IMPACT
BMO Capital analyst Andrew Strelzik maintains a Market Perform rating on Duckhorn Portfolio but reduces the price target from $13 to $11.
The reduction in price target by BMO Capital suggests a lower valuation for Duckhorn Portfolio, which could lead to a negative short term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100