Barclays analyst Lauren Lieberman maintains $The Duckhorn Portfolio (NAPA.US)$ with a hold rating, and adjusts the target price from $8 to $6.
According to TipRanks data, the analyst has a success rate of 54.1% and a total average return of 2.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $The Duckhorn Portfolio (NAPA.US)$'s main analysts recently are as follows:
Duckhorn Portfolio's FY24 guidance offers a broad spectrum of potential outcomes for fiscal Q4, making it challenging to ascertain where the quarter will land within that range. The main variable is distributor de-stocking, which lacks clear visibility. More crucially, the forecast heading into FY25 takes precedence, and the expectation for organic sales growth has been modestly reduced to align with a continued subdued industry environment.
Anticipation of pressure on pricing and product mix due to increased promotions and a deceleration in trends for Sonoma-Cutrer within tracked channels has led to a modest revision of fiscal 2025 forecasts ahead of the fiscal Q4 report on October 7.
Note:
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