Darden price target raised to $200 from $195 at Truist

Truist analyst Jake Bartlett raised the firm’s price target on Darden (DRI) to $200 from $195 and keeps a Buy rating on the shares after its Q2 earnings beat. The company’s stronger than expected SSS at Olive Garden gives the firm greater confidence in both underlying restaurant demand and its ability to gain market share through disciplined promotions, the analyst tells investors in a research note. With operating cost inflation falling and SSS solid, Darden appears to be leaning into development that will accelerate in FY26 and support valuation, the firm added.