Darden price target raised to $235 from $230 at Barclays

Barclays raised the firm’s price target on Darden (DRI) to $235 from $230 and keeps an Overweight rating on the shares. Q3 was “disappointing on top, while in-line on bottom,” but Q4-to-date comp growth has accelerated, contrary to fears, and is expected to sustain with new products and initiatives, the analyst tells investors in a post-earnings note.