Darden price target raised to $160 from $136 at Raymond James

Raymond James analyst Brian Vaccaro raised the firm’s price target on Darden to $160 from $136 and keeps an Outperform rating on the shares ahead of the Q2 earnings release on December 16. Third party traffic data suggests that Olive Garden comps have accelerated in recent months supported by the return of its Never Ending Pasta promotion, Vaccaro tells investors in a research note.