tiprankstipranks
Advertisement
Advertisement

Darden setup ahead of Q1 results ‘solid’, says Truist

Truist analyst Jake Bartlett keeps a Buy rating and $252 price target on Darden (DRI) ahead of its Q1 results on September 18th, saying the stock offers a “solid” setup. Truist Card Data point to an Olive Garden Q1 SSS beat, highlighting the brand’s strong positioning in the current environment and company-specific sales drivers such as delivery, the analyst tells investors in a research note. Darden is typically conservative with guidance, but FY26 may be nudged higher given strong Q1 results, momentum in August and success with delivery, the firm added.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1