Barclays analyst Lauren Lieberman maintains $The Duckhorn Portfolio (NAPA.US)$ with a hold rating, and adjusts the target price from $6 to $11.
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:
The proposed acquisition involving Duckhorn Portfolio is considered probable to be finalized, especially since the two principal shareholders have consented to endorse the transaction. This perspective suggests that the 'go-shop' period may be more indicative of a commitment to the minority shareholders rather than a substantial component of the deal. The valuation assessment aligns with the proposed transaction value per share.
The firm has adjusted its fiscal 2025 projections for Duckhorn Portfolio, taking into account possible pressures on pricing and product mix stemming from increased promotional activities and a deceleration in trends for Sonoma-Cutrer within monitored channels.
The recent agreement for Duckhorn Portfolio to be acquired by a private equity firm includes a period during which alternative offers can be considered. However, it is viewed as improbable that another bid will emerge. Despite the recent stock performance and near-term challenges, it is unexpected that the company would opt to sell when the longer-term fundamentals appear to be solid.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
