Stephens & Co. Maintains Equal-Weight on Darden Restaurants, Lowers Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera maintains an Equal-Weight rating on Darden Restaurants (NYSE:DRI) but lowers the price target from $165 to $159.
September 13, 2024 | 10:09 am
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Stephens & Co. has maintained an Equal-Weight rating on Darden Restaurants but reduced the price target from $165 to $159, indicating a slightly less optimistic outlook.
The lowering of the price target suggests a less optimistic view on Darden Restaurants' future performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100