Truist analyst Jake Bartlett raised the firm’s price target on Darden (DRI) to $212 from $200 and keeps a Buy rating on the shares. The setup into the company’s Q3 results is “modestly positive” with an earnings miss more than offset by accelerating recent comps, the analyst tells investors in a research note. The stock has outperformed year-to-date, and the firm expects this to continue even if restaurant demand softens, Truist added.
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