Morgan Stanley Maintains Overweight on Darden Restaurants, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak has maintained an Overweight rating on Darden Restaurants (NYSE:DRI) but has lowered the price target from $184 to $180.

March 22, 2024 | 4:22 pm
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Morgan Stanley has maintained its Overweight rating on Darden Restaurants but reduced the price target from $184 to $180.
While the maintenance of an Overweight rating suggests continued confidence in Darden Restaurants' fundamentals and growth prospects, the reduction in price target could reflect minor adjustments in valuation metrics or market conditions. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the slight decrease in price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100