Darden price target lowered to $165 from $170 at Stephens

Stephens lowered the firm’s price target on Darden to $165 from $170 and keeps an Equal Weight rating on the shares. It appears that a cautious consumer has led to pressured traffic trends in the near term, says the analyst, who sees limited upside for a “bellwether stock in the restaurant industry” with shares currently trading near their 10-year historical average.