The Latest Analyst Ratings for Darden Restaurants
Portfolio Pulse from Benzinga Insights
Darden Restaurants (NYSE:DRI) has received 20 analyst ratings in the last quarter, with an average price target of $171.15, representing an upside from the current price of $161.2. The ratings include 3 bullish, 14 somewhat bullish, and 3 indifferent, with no bearish ratings. The new average price target is a 1.96% decrease from the previous target of $174.58. Analysts rate stocks based on research and provide guidance to investors, though their predictions are opinions and subject to human error.
December 12, 2023 | 5:00 pm
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POSITIVE IMPACT
Darden Restaurants has a positive analyst outlook with 17 out of 20 ratings being bullish or somewhat bullish and an average price target suggesting an upside.
The predominance of bullish and somewhat bullish ratings, combined with an average price target above the current stock price, suggests analysts expect DRI to perform well in the short term. The slight decrease in the average price target may temper expectations slightly, but the overall positive sentiment is likely to have a favorable impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100