Darden price target raised to $182 from $170 at Argus

Argus raised the firm’s price target on Darden to $182 from $170 and keeps a Buy rating on the shares. The firm believes that Darden can exceed its guidance as it benefits from efforts to expand takeout and delivery orders and simplify its menu, while also continuing its record of share buybacks and positive earnings surprises, the analyst tells investors in a research note.