TD Cowen Downgrades Darden Restaurants to Hold, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded Darden Restaurants (NYSE:DRI) from Buy to Hold and lowered the price target from $170 to $150.
July 23, 2024 | 9:38 am
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TD Cowen has downgraded Darden Restaurants from Buy to Hold and reduced the price target from $170 to $150, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold and the reduction in the price target from $170 to $150 by TD Cowen suggests a less favorable view on Darden Restaurants' future performance. This is likely to negatively impact the stock price in the short term as investors adjust their expectations.
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