Wells Fargo Maintains Equal-Weight on Darden Restaurants, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem maintains an Equal-Weight rating on Darden Restaurants and raises the price target from $160 to $165.
September 20, 2024 | 5:38 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Darden Restaurants and increased the price target from $160 to $165, indicating a slightly positive outlook.
The increase in price target from $160 to $165 by Wells Fargo suggests a slightly positive sentiment towards Darden Restaurants' stock. Maintaining an Equal-Weight rating indicates that the stock is expected to perform in line with the market. The raised price target could lead to a minor positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100