Read How Analysts Reacted To Darden Restaurants'' Q4 Results
Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE: DRI ) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst says FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41 to reflect guidance commentary. The analyst believes DRI''s current valuation reflects an attractive longer-term outlook on the one hand and heightened near- and medium-term uncertainty on the other. Related : Earnings Beat, Dividend Hike, New Buyback: Darden Restaurants'' Q4 Highlights Truist analyst Jake Bartlett reduced the price target … Full story available on Benzinga.com
Read How Analysts Reacted To Darden Restaurants'' Q4 Results
Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE: DRI ) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst says FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41 to reflect guidance commentary. The analyst believes DRI''s current valuation reflects an attractive longer-term outlook on the one hand and heightened near- and medium-term uncertainty on the other. Related : Earnings Beat, Dividend Hike, New Buyback: Darden Restaurants'' Q4 Highlights Truist analyst Jake Bartlett reduced the price target … Full story available on Benzinga.com