Darden price target raised to $250 from $230 at Oppenheimer

Oppenheimer raised the firm’s price target on Darden (DRI) to $250 from $230 and keeps an Outperform rating on the shares. The firm installed Darden as part of its “top picks” list to begin 2025, and its refreshed analysis ahead of June 20 results supports a continued bullish stance. While Darden’s outperformance year-to-date has elevated the stock’s valuation, Oppenheimer remains attracted to an earnings upside cycle it envisions through fiscal 2026. This thesis is enabled by the firm’s analysis of unique sales levers combined with a solid EBIT margin setup. Darden will initiate 2026 financial guidance on June 20, and Oppenheimer anticipates a conservative EPS range to bracket Street’s $10.77/share.