Raymond James Maintains Outperform on Darden Restaurants, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro has maintained an Outperform rating on Darden Restaurants (NYSE:DRI) and increased the price target from $155 to $175.
December 18, 2023 | 1:22 pm
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POSITIVE IMPACT
Raymond James analyst has reaffirmed an Outperform rating on Darden Restaurants and raised the price target from $155 to $175, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100