BMO Capital Maintains Market Perform on Duckhorn Portfolio, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a Market Perform rating on Duckhorn Portfolio (NYSE:NAPA) but lowered the price target from $11 to $10.
March 08, 2024 | 4:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Duckhorn Portfolio's price target was lowered from $11 to $10 by BMO Capital, while maintaining a Market Perform rating.
The reduction in price target by BMO Capital suggests a less optimistic outlook on Duckhorn Portfolio's stock value in the short term, potentially leading to a negative impact on its stock price. The maintenance of a Market Perform rating indicates that the analyst does not see significant downside or upside from the current price level, but the lowered price target could influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100