Piper Sandler Initiates Coverage On Darden Restaurants with Neutral Rating, Announces Price Target of $167
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Nicole Miller Regan has initiated coverage on Darden Restaurants (NYSE:DRI) with a Neutral rating and a price target of $167.
July 18, 2023 | 9:10 am
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NEUTRAL IMPACT
Darden Restaurants has been initiated with a Neutral rating by Piper Sandler, with a price target of $167.
The initiation of coverage by Piper Sandler with a Neutral rating indicates that the analyst believes Darden Restaurants' stock is fairly valued at current levels. The price target of $167 suggests that the analyst sees limited upside potential in the short term. This could lead to a neutral or slightly negative reaction in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100