KeyBanc raised the firm’s price target on Darden (DRI) to $230 from $220 and keeps an Overweight rating on the shares. The firm believes same-store sales momentum has accelerated since the last update. Specifically, based on its proprietary/third-party data sources, KeyBanc is raising its Q4 same-store sales growth estimate for Olive Garden and maintaining its above-consensus same-store sales growth estimate for LongHorn.
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