Darden price target raised to $190 from $175 at BMO Capital

BMO Capital raised the firm’s price target on Darden (DRI) to $190 from $175 and keeps a Market Perform rating on the shares. The company’s Q3 EPS was in-line with consensus, reflecting favorable G&A and interest expense, offset by softer comp sales, the analyst tells investors in a research note. Darden’s initial FY26 unit growth outlook also implies acceleration from FY25, and the firm is raising estimates and price target to reflect de-risked near-term comp trajectory and improving relative performance, BMO adds.