Darden price target lowered to $180 from $187 at Barclays

Barclays lowered the firm’s price target on Darden to $180 from $187 and keeps an Overweight rating on the shares. The analyst reduced fiscal Q4 estimates, with estimates now modestly below the Street, saying industry comps “remain choppy” despite improvement in May. With macro uncertainty large, Darden is likely to offer “prudent conservatism” in its outlook, the analyst tells investors in a research note.