Evercore ISI Group Maintains In-Line on Darden Restaurants, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer maintains an In-Line rating on Darden Restaurants (NYSE:DRI) but lowers the price target from $170 to $165.
June 13, 2024 | 1:07 pm
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Evercore ISI Group has maintained an In-Line rating on Darden Restaurants but has lowered the price target from $170 to $165. This suggests a cautious outlook on the stock's short-term performance.
The lowered price target from $170 to $165 indicates a less optimistic view on Darden Restaurants' short-term performance. Maintaining an In-Line rating suggests that the stock is expected to perform in line with the market, but the reduced price target could lead to a negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100