Barclays Maintains Overweight on Duckhorn Portfolio, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on Duckhorn Portfolio (NYSE:NAPA) but lowers the price target from $13 to $11.
March 11, 2024 | 10:12 am
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NEGATIVE IMPACT
Barclays maintains an Overweight rating on Duckhorn Portfolio but lowers the price target from $13 to $11.
The reduction in price target by Barclays, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in NAPA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100