Citigroup Maintains Buy on Darden Restaurants, Lowers Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Buy rating on Darden Restaurants but slightly lowers the price target from $192 to $191.
September 10, 2024 | 4:12 pm
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NEUTRAL IMPACT
Citigroup analyst Jon Tower maintains a Buy rating on Darden Restaurants, indicating continued confidence in the company's performance. However, the price target is slightly reduced from $192 to $191, suggesting a minor adjustment in expected valuation.
The maintenance of a Buy rating suggests positive sentiment towards Darden Restaurants, but the slight reduction in the price target indicates a minor adjustment in expected performance or valuation. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100