Barclays lowered the firm’s price target on Darden (DRI) to $230 from $255 and keeps an Overweight rating on the shares. The company reported a modest miss in fiscal Q1 but its comp momeumtum continued into September, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DRI:
- Darden Restaurants Reports Strong First Quarter Growth
- Cautious Optimism for Darden Restaurants Amid Olive Garden’s Market Challenges and Potential Uber Eats Expansion
- Darden price target lowered to $208 from $230 at Baird
- Darden falls -9.4%
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!