Raymond James Maintains Outperform on Darden Restaurants, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro has maintained an 'Outperform' rating on Darden Restaurants (NYSE:DRI) but lowered the price target from $175 to $165.

September 14, 2023 | 11:52 am
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Darden Restaurants' price target has been lowered from $175 to $165 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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IMPORTANCE 70
RELEVANCE 100