Darden price target lowered to $225 from $240 at KeyBanc

KeyBanc lowered the firm’s price target on Darden (DRI) to $225 from $240 and keeps an Overweight rating on the shares. The firm notes Darden’s shares dropped following weaker-than-expected Q1 2026 results. While the company may face near-term margin headwinds from food inflation and its decision to offer smaller portions, same-store sales trends remain strong, allowing it to raise the bottom end of its same-store sales guidance range and maintain its EPS outlook.