Darden price target lowered to $210 from $230 at Raymond James

Summary of Key Points Core Viewpoint - Raymond James has lowered the price target for Darden (DRI) to $210 from $230 while maintaining an Outperform rating on the shares, indicating a cautious outlook following the company's Q1 results which fell below elevated expectations [1]. Company Performance - Darden's Q1 results were below expectations, prompting the price target adjustment by Raymond James [1]. - Despite the disappointing Q1 results, the firm believes Darden can sustain solidly positive comparable sales and market share gains over the next several quarters [1].