Piper Sandler Maintains Neutral on Darden Restaurants, Raises Price Target to $177
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan maintains a Neutral rating on Darden Restaurants (NYSE:DRI) but raises the price target from $159 to $177.

September 20, 2024 | 2:10 pm
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POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on Darden Restaurants but increased the price target from $159 to $177, indicating a positive outlook.
The increase in price target from $159 to $177 suggests a positive outlook for Darden Restaurants, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100