RBC Capital Maintains Outperform on Darden Restaurants, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Christopher Carril maintains an Outperform rating on Darden Restaurants (NYSE:DRI) but lowers the price target from $183 to $180.
September 25, 2023 | 2:08 pm
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Darden Restaurants' price target has been lowered from $183 to $180 by RBC Capital, though the Outperform rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors. However, the maintained Outperform rating indicates that the analyst still sees the stock as a good investment, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100