Oppenheimer Maintains Outperform on Darden Restaurants, Lowers Price Target to $182
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Darden Restaurants (NYSE:DRI) but has lowered the price target from $186 to $182.

March 22, 2024 | 12:34 pm
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Oppenheimer maintains an Outperform rating on Darden Restaurants but lowers the price target from $186 to $182.
While the maintenance of an Outperform rating indicates continued confidence in Darden Restaurants' performance, the reduction in the price target could suggest a slight adjustment in expectations regarding the company's future stock price performance. This mixed signal might lead to a neutral short-term impact on the stock as investors weigh the continued endorsement against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100