Darden Restaurants (DRI) PT Raised to $165 at TD Cowen

TD Cowen analyst Andrew Charles raised the price target on Darden Restaurants (NYSE: DRI) to $165.00 (from $150.00) while maintaining a Hold rating.

The analyst commented, "We like that OG is taking more proactive measures to protect traffic though worry this will not be impactful enough for DRI to make 1.4% consensus portfolio SSS. We do not believe the Uber partnership will have a material impact unless OG is ultimately added to the Uber Eats marketplace. We model the low end of FY25 SSS guidance and see greater risk of missing than beating. Increase PT to $165."

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