Goldman Sachs analyst Christine Cho upgraded the rating on Darden Restaurants to a Buy yesterday, setting a price target of $225.00.
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Christine Cho’s rating is based on Darden Restaurants’ advantageous position in the consumer market and its ability to capture market share through strong value propositions. The company has demonstrated resilience and growth potential, making it an attractive investment opportunity.
Furthermore, Darden’s strategic initiatives and operational efficiencies are expected to drive continued success, supporting the Buy rating. The combination of these factors suggests a positive outlook for the company’s stock performance.
In another report released on October 6, J.P. Morgan also maintained a Buy rating on the stock with a $220.00 price target.