** Brokerage Jefferies downgrades luxury winemaker Duckhorn Portfolio to "hold" from "buy"

** Brokerage notes the "mixed" Q1 results and that the "go-shop" period having expired on the pending $1.95 bln acquisition deal by Butterfly Equity; maintains PT of $11

** Co had said its board had the right to terminate the agreement and enter into better proposals from third parties during the 45-day "go-shop" period, which expired on Nov. 20

** Brokerage expects the deal to close this winter, as previously announced

** Co had reported Q1 sales of $122.9 mln below analysts' estimates of $128 mln, and adjusted EPS of 16 cents, in line with estimates, after market close on Thursday - data compiled by LSEG

** Up to Thursday's close, stock has risen 12% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))