BMO Capital Maintains Market Perform on Darden Restaurants, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a 'Market Perform' rating on Darden Restaurants (NYSE:DRI) but lowered the price target from $167 to $160.
September 13, 2023 | 12:02 pm
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Darden Restaurants' price target has been lowered from $167 to $160 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. However, the maintenance of the 'Market Perform' rating suggests that the stock is expected to perform in line with the market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100