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home / news releases / the duckhorn portfolio rating downgrade as i am not

NAPA - The Duckhorn Portfolio: Rating Downgrade As I Am Not Optimistic About H2 Recovery

The Duckhorn Portfolio Inc.

2024-03-26 03:48:18 ET

Summary

  • I recommend a sell rating for The Duckhorn Portfolio due to concerns about NAPA's near-term performance and lack of positive catalysts.
  • NAPA reported a decline in revenue and weak sales performance across all channels, indicating continued weakness in demand.
  • I believe there is room for further downside surprises and doubt that NAPA can show any positive surprises given the current macroeconomic conditions.

Investment action

For further details see:

The Duckhorn Portfolio: Rating Downgrade As I Am Not Optimistic About H2 Recovery
Stock Information
Company Name: The Duckhorn Portfolio Inc.
Stock Symbol: NAPA
Market: NYSE
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