Raymond James analyst Brian Vaccaro raised the firm’s price target on Darden (DRI) to $200 from $187 and keeps an Outperform rating on the shares. Darden reported “encouraging” Q2 results that reflected a return to positive comps at Olive Garden and “impressive” strength at Longhorn, the analyst tells investors in a research note. The firm is optimistic that Q2 can prove to be the start of a sustained comp recovery at Olive Garden into calendar 2025 supported by new value and product news and the launch of first party delivery with Uber (UBER).
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