Barclays analyst Jeffrey Bernstein raised the firm’s price target on Darden to $177 from $173 and keeps an Overweight rating on the shares. The company’s fiscal Q4 results were modestly below consensus on the top to bottom lines, the analyst tells investors in a research note. The firm says Darden’s fiscal 2024 guidance prudently assumes a slowing macro environment.
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Published first on TheFly
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