Evercore ISI Group Maintains Outperform on Duckhorn Portfolio, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Robert Ottenstein maintains an Outperform rating on Duckhorn Portfolio (NYSE:NAPA) but lowers the price target from $15 to $14.

March 08, 2024 | 3:23 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Duckhorn Portfolio but lowers the price target from $15 to $14.
The maintenance of an Outperform rating suggests a positive outlook on Duckhorn Portfolio's performance, indicating confidence in the company's fundamentals and growth prospects. However, the reduction in the price target could reflect adjustments in market conditions or revised earnings expectations, potentially leading to short-term price volatility. The overall impact is neutral as the positive rating is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100