Wedbush Maintains Outperform on Darden Restaurants, Lowers Price Target to $181
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains an Outperform rating on Darden Restaurants (NYSE:DRI) but lowers the price target from $187 to $181.
March 22, 2024 | 2:10 pm
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Wedbush maintains an Outperform rating on Darden Restaurants but lowers the price target from $187 to $181.
The adjustment in price target by a prominent analyst like Nick Setyan, while maintaining an Outperform rating, suggests a positive outlook on DRI's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on DRI's stock price as the market digests the revised target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100