Citi analyst Jon Tower raised the firm’s price target on Darden to $185 from $184 and keeps a Buy rating on the shares post the fiscal Q1 report. Darden confirmed some softening in consumer demand but left fiscal 2024 guidance unchanged with potentially a little more macro cushion on the bottom line, the analyst tells investors in a research note.
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Read More on DRI:
- Darden price target lowered to $165 from $178 at Wedbush
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- Darden names Cynthia Jamison as Chair of the Board
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