Evercore ISI Group Maintains In-Line on Darden Restaurants, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer has maintained an In-Line rating on Darden Restaurants (NYSE:DRI) and increased the price target from $160 to $170.
December 12, 2023 | 3:31 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an In-Line rating for Darden Restaurants but raised the price target from $160 to $170, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like David Palmer suggests a positive sentiment towards Darden Restaurants' stock value in the short term. This could lead to increased investor confidence and a potential rise in the stock price as the market adjusts to the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100