Darden price target raised to $175 from $164 at Stephens

Stephens raised the firm’s price target on Darden (DRI) to $175 from $164 and keeps an Equal Weight rating on the shares after the company reported better-than-expected Q2 results with same-store sales, restaurant margins, and adjusted EPS all above expectations. Darden also updated its FY25 comp guidance, narrowing the range to about 1.5% from 1.0%-2.0% previously, the analyst noted.