Stephens & Co. Reinstates Equal-Weight on Darden Restaurants, Announces $170 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera reinstates Darden Restaurants (NYSE:DRI) with an Equal-Weight rating and sets a $170 price target.
April 12, 2024 | 9:50 am
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Stephens & Co. reinstated Darden Restaurants with an Equal-Weight rating and a $170 price target.
The reinstatement of Darden Restaurants by Stephens & Co. with an Equal-Weight rating and a specific price target of $170 suggests a neutral to positive outlook on the stock. This could lead to increased investor interest and potentially a positive short-term impact on the stock price, as the market reacts to the analyst's valuation and expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100