Darden Restaurants (DRI) PT Raised to $165 at TD Cowen

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Go back to Darden Restaurants (DRI) PT Raised to $165 at TD Cowen

Darden Restaurants: Bernstein sees limited upside, Evercore ISI bullish

September 20, 2024 12:40 PM EDT

Darden 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