Morgan Stanley raised the firm’s price target on Darden (DRI) to $235 from $215 and keeps an Overweight rating on the shares ahead of what the firm sees as “likely a good quarter to be reported Friday.” With the stock up about 25% over the past quarter, the firm thinks a good quarter is “appreciated and so maybe not a big driver post print,” but still sees “beatable numbers ahead” as Darden regains some momentum, the analyst tells investors in a preview.
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Read More on DRI:
- Positive Outlook for Darden Restaurants: Strong Performance and Strategic Positioning Support Buy Rating
- Darden Restaurants, Inc. (DRI) Q4 Earnings Cheat Sheet
- Darden price target raised to $235 from $210 at BTIG
- Darden price target raised to $252 from $238 at BofA
- Darden Restaurants: Buy Rating Reiterated Amid Strong Performance and Raised Price Objective
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