Oppenheimer raised the firm’s price target on Darden (DRI) to $230 from $218 and keeps an Outperform rating on the shares. The firm remains confident that Darden’s fiscal 2026 holds catalysts for upside against conservative Street expectations. After a choppy Q3 2025, same-store sales trends in Q4 2025 have accelerated to over 3%, prior to the deployment of more aggressive marketing related to Olive Garden’s new delivery channel. After carefully assessing its model, Oppenheimer slightly raises EPS estimates through 2026, with a bias for further upside.
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