BTIG analyst Peter Saleh reiterated a Buy rating and $225.00 price target on Darden Restaurants (NYSE: DRI)

The analyst commented, "Darden reported solid 3QF26 results this morning with mid-single digit comps, positive traffic, and a widening sales gap vs. peers, all despite considerable weather headwinds. While surging gas prices have been a source of investor concern, traffic has not been affected, with 4QF26 comp guidance in the 4.0% range and two-year trends showing a material acceleration. Looking ahead, we see the combination of value (under pricing peers), menu innovation (Lighter Portions), and increased access (Uber Direct [UBER, Buy, $100 PT; Analyst: Jake Fuller]) as sustainable same-store sales and traffic drivers. The combination of sustainable sales drivers, widening competitive gaps, and margin gains keep us positive on shares; we reiterate our Buy rating and $225 price target."

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Shares of Darden Restaurants closed at $200.71 yesterday.