Darden price target raised to $226 from $225 at KeyBanc

KeyBanc analyst Eric Gonzalez raised the firm’s price target on Darden (DRI) to $226 from $225 and keeps an Overweight rating on the shares. The firm says overall, the company reported solid Q3 results, marked by strong LongHorn momentum and Olive Garden comparable sales no worse than feared. As more recent debate has centered on challenging top-line comparisons ahead, Darden responded with encouraging quarter-to-date commentary and Q4 top-line guidance above prior Street estimates.