RBC Capital Maintains Outperform on Duckhorn Portfolio, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has maintained an Outperform rating on Duckhorn Portfolio (NYSE:NAPA) but has lowered the price target from $17 to $15.

March 08, 2024 | 3:42 pm
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NEUTRAL IMPACT
RBC Capital has maintained an Outperform rating on Duckhorn Portfolio but lowered the price target from $17 to $15.
While the maintenance of an Outperform rating suggests continued confidence in Duckhorn Portfolio's performance, the reduction in price target could indicate a reassessment of the company's short-term growth prospects or market conditions. This mixed signal might lead to neutral short-term price movement as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100