Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) ("VWE" or the "Company"), one of the top wine producers in the U.S. with an industry leading direct-to-customer platform, today reported the sale of the Tenma Vineyard in Calistoga, California. On March 2, 2023, the Company completed the sale of the entire 42 acres of the Tenma Vineyard for net cash proceeds of approximately $11 million.
Telsey Advisory Group analyst Joseph Feldman downgrades Vintage Wine Estates (NASDAQ:VWE) from Market Perform to Underperform and lowers the price target from $3.5 to $1.5.
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Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the fastest-growing wine producers in the U.S. with an industry leading direct-to-customer platform, today reported the
Telsey Advisory Group analyst Joseph Feldman upgrades Vintage Wine Estates (NASDAQ:VWE) from Market Perform to Outperform and announces $3.5 price target.