Darden Restaurants Posts Q1 Sales Beat, Analysts Cut Price Target On Profitability Concerns
1. Darden's stock fell 3.01% after poor Q1 results. 2. TD Cowen lowered the price target from $235 to $200. 3. BTIG maintained a Buy rating, reducing the target to $225. 4. Olive Garden's growth continued, but expectations remain high. 5. Management indicated sales strength continued into September.