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Darden price target raised to $200 from $170 at Wedbush

Wedbush raised the firm’s price target on Darden to $200 from $170 and keeps an Outperform rating on the shares. Darden reported Q1 EPS below expectations on same-store sales growth softness, the analyst tells investors in a research note. The firm views the midpoint of reiterated FY25 EPS guidance as realistic, if not conservative, and expects opportunistic repurchases to remain an incremental EPS driver.

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