Barclays analyst Jeffrey Bernstein raised the firm’s price target on Darden to $148 from $146 and keeps an Overweight rating on the shares post the fiscal Q2 results. The analyst views the company’s execution as impressive in the current macro environment.
Published first on TheFly
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Read More on DRI:
- DRI Dishes Up Strong Q2 Results
- Darden reports Q2 blended same-restaurant sales increase of 7.3%
- Darden Restaurants Reports Fiscal 2023 Second Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2023 Financial Outlook
- Darden revises FY23 EPS view to $7.60-$8.00 from $7.40-$8.00, consensus $7.71
- Darden reports Q2 EPS $1.52, consensus $1.43
