Darden price target raised to $220 from $205 at Guggenheim

Guggenheim raised the firm’s price target on Darden (DRI) to $220 from $205 and keeps a Buy rating on the shares. The firm, which is raising its FY26 EPS forecast to $10.80 from $10.70, primarily driven by adding in 20c for a 53rd week, offset by about 10c from a higher tax rate, views Darden as “one of the best operators in the restaurant sector” with upward sales momentum, the analyst tells investors.