Darden price target raised to $155 from $144 at RBC Capital

RBC Capital analyst Christopher Carril raised the firm’s price target on Darden to $155 from $144 and keeps an Outperform rating on the shares ahead of its Q2 results this week. The analyst is raising his EPS projections to $1.51 from $1.47 on better-than-anticipated consolidated comps growth of about 6%, driven in part by Olive Garden strength as well as a potentially more favorable cost environment.