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Darden Restaurants: Bernstein sees limited upside, Evercore ISI bullish
September 20, 2024 12:40 PM EDTDarden Restaurants (NYSE: DRI) has drawn mixed views from analysts on Friday, with Evercore ISI upgrading the stock while Bernstein takes a more cautious stance.
Evercore ISI upgraded Darden to Outperform from In Line, raising the price target from $165 to $205, citing increased confidence in sales growth, particularly at Olive Garden, which makes up 45% of the company's sales.
Evercore ISI highlighted new initiatives such as more price-point advertising,... More
Evercore ISI Upgrades Darden Restaurants (DRI) to Outperform
September 20, 2024 6:03 AM EDTEvercore ISI analyst David Palmer upgraded Darden Restaurants (NYSE: DRI) from In Line to Outperform with a price target of $205.00 (from $165.00).
The analyst comments "Our view: We are upgrading DRI to Outperform (from In Line) with a price target of $205 (from $165)... More
Darden Restaurants (DRI) PT Raised to $165 at Wells Fargo
September 20, 2024 5:33 AM EDTWells Fargo analyst Jon Tower raised the price target on Darden Restaurants (NYSE: DRI) to $165.00 (from $160.00) while maintaining a Equal Weight rating.
The analyst comments "While FQ1 was expectedly weak, DRI is taking action and shares are understandably higher. Trends accelerated post-July,... More
