BMO Capital raised the firm’s price target on Darden (DRI) to $215 from $190 and keeps a Market Perform rating on the shares. The firm is turning more constructive on the company given its incremental top-line focus, which is supportive of the stock’s above-historical multiple, the analyst tells investors in a research note. Darden introduced below-consensus FY26 EPS guidance owing to macro uncertainty and investments, though its updated long-term growth framework incrementally emphasizes sales growth at the expense of margins, BMO added.
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