Duckhorn Portfolio (NYSE:NAPA) Receives New Coverage from Analysts at Citigroup

Equities researchers at Citigroup started coverage on shares of Duckhorn Portfolio (NYSE:NAPA) in a research report issued on Monday, The Fly reports. The firm set a “buy” rating and a $22.00 price target on the stock. Citigroup’s price objective points to a potential upside of 18.34% from the company’s previous close.

NAPA has been the subject of several other reports. Jefferies Financial Group began coverage on Duckhorn Portfolio in a report on Monday. They set a “buy” rating and a $22.00 price objective for the company. Bank of America assumed coverage on Duckhorn Portfolio in a research note on Monday. They issued a “buy” rating and a $21.00 price target for the company. Credit Suisse Group assumed coverage on Duckhorn Portfolio in a research note on Monday. They issued an “outperform” rating and a $21.00 price target for the company. Evercore ISI assumed coverage on Duckhorn Portfolio in a research note on Monday. They issued an “outperform” rating and a $22.00 price target for the company. Finally, JPMorgan Chase & Co. assumed coverage on Duckhorn Portfolio in a research note on Monday. They issued an “overweight” rating and a $20.00 price target for the company. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $20.78.

NYSE:NAPA traded down $0.31 on Monday, hitting $18.59. 16,613 shares of the stock were exchanged, compared to its average volume of 897,272. Duckhorn Portfolio has a 52 week low of $16.40 and a 52 week high of $20.73.

In related news, major shareholder Mallard Holdco, Llc sold 9,666,667 shares of the business’s stock in a transaction that occurred on Monday, March 22nd. The stock was sold at an average price of $14.06, for a total value of $135,913,338.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Duckhorn Portfolio Company Profile

There is no company description available for Duckhorn Portfolio Inc

Recommended Story: Put Option Volume

The Fly

Analyst Recommendations for Duckhorn Portfolio (NYSE:NAPA)

Receive News & Ratings for Duckhorn Portfolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duckhorn Portfolio and related companies with MarketBeat.com's FREE daily email newsletter.