B of A Securities Downgrades Duckhorn Portfolio to Underperform, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Peter Galbo downgraded Duckhorn Portfolio (NYSE:NAPA) from Neutral to Underperform and reduced the price target from $11 to $8.

February 13, 2024 | 1:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Duckhorn Portfolio downgraded by B of A Securities from Neutral to Underperform with a price target cut from $11 to $8.
The downgrade from Neutral to Underperform suggests a negative outlook on Duckhorn Portfolio's stock by the analyst. The reduction in the price target from $11 to $8 further indicates a bearish view on the stock's future performance, likely leading to a short-term negative impact on its price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100