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Darden price target raised to $261 from $259 at BofA

BofA raised the firm’s price target on Darden (DRI) to $261 from $259 and keeps a Buy rating on the shares. The firm’s Q2 EPS forecast is stable at $2.16, but its FY26 is slightly lower at $10.67, but towards the top end of FY26 guidance for $10.50-$10.70, owing to greater cost pressure from elevated beef inflation, the analyst tells investors in a preview.

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