Stephens & Co. Reiterates Overweight on Darden Restaurants, Maintains $170 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has reiterated an Overweight rating on Darden Restaurants (NYSE:DRI) and maintained a $170 price target for the company's stock.
December 18, 2023 | 9:22 am
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Stephens & Co. analyst Joshua Long reaffirmed an Overweight rating on Darden Restaurants with a $170 price target, indicating a positive outlook for the stock.
The reiteration of an Overweight rating by a respected analyst can be seen as a positive endorsement of Darden Restaurants' stock, potentially influencing investor sentiment and stock price in the short term. The maintained price target of $170 suggests that the analyst sees continued upside potential for the stock, which could encourage investors to maintain or establish positions in DRI.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100