Darden price target raised to $195 from $184 at BofA

BofA analyst Sara Senatore raised the firm’s price target on Darden to $195 from $184 and keeps a Buy rating on the shares. Despite a soft start to the year – with Darden citing reasons including increased summer travel, weather, Olympics, and sentiment for the soft July and resulting comp and EPS miss – the company reaffirmed F25 guidance, notes the firm, which points out that its updated EPS estimate of $9.61 is at the high end of the range.