Darden downgraded to Hold from Buy at Truist

Truist downgraded Darden (DRI) to Hold from Buy with a price target of $207, down from $240. The firm sees see a challenging setup for the company into 2026. Darden has a lack of sales drivers and the challenge of lapping significant drivers last year, the analyst tells investors in a research note. The firm adds that while Olive Garden typically benefits from a strong everyday value positioning, it has led to only modest outperformance in recent years.