JP Morgan Maintains Overweight on Darden Restaurants, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains an Overweight rating on Darden Restaurants (NYSE:DRI) but lowers the price target from $176 to $165.
May 28, 2024 | 1:49 pm
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JP Morgan analyst John Ivankoe maintains an Overweight rating on Darden Restaurants but lowers the price target from $176 to $165.
The lowered price target from $176 to $165 suggests a more cautious outlook on Darden Restaurants' future performance, which could lead to a short-term negative impact on the stock price despite the maintained Overweight rating.
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