Wells Fargo raised the firm’s price target on Darden (DRI) to $225 from $200 and keeps an Equal Weight rating on the shares. Casual dining trends are having a moment, Darden is regaining share, and the firm sees likely Q4 upside across the P&L. Shares appear well owned, 2026 guide key, and at 19-times its 2026 bull case, Wells believes risk/reward screens balanced.
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