BMO Capital Initiates Coverage of Duckhorn Portfolio Inc (NAPA) with Market Perform Recommendation
Nasdaq Fintel reports that on September 5, 2023, BMO Capital initiated coverage of Duckhorn Portfolio Inc (NYSE:NAPA) with a Market Perform recommendation.
Analyst Price Forecast Suggests 61.37% Upside
As of August 31, 2023, the average one-year price target for Duckhorn Portfolio Inc is 19.72. The forecasts range from a low of 16.16 to a high of $24.15. The average price target represents an increase of 61.37% from its latest reported closing price of 12.22.
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The projected annual revenue for Duckhorn Portfolio Inc is 408MM, an increase of 7.21%. The projected annual non-GAAP EPS is 0.63.
What is the Fund Sentiment?
There are 350 funds or institutions reporting positions in Duckhorn Portfolio Inc. This is an increase of 22 owner(s) or 6.71% in the last quarter. Average portfolio weight of all funds dedicated to NAPA is 0.23%, a decrease of 6.14%. Total shares owned by institutions decreased in the last three months by 2.24% to 117,004K shares. The put/call ratio of NAPA is 0.14, indicating a bullish outlook.