Bernstein Downgrades Darden Restaurants to Market Perform, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Danilo Gargiulo has downgraded Darden Restaurants from Outperform to Market Perform and reduced the price target from $190 to $180.
September 20, 2024 | 9:46 am
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Bernstein has downgraded Darden Restaurants from Outperform to Market Perform, with a reduced price target of $180, indicating a less optimistic outlook.
The downgrade from Outperform to Market Perform suggests a less favorable view on Darden's stock performance. The lowered price target from $190 to $180 indicates reduced expectations for the company's valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100