DRI Maintained by Citigroup -- Price Target Lowered to $247

gurufocus.com · 2026-09-25

Darden Restaurants (DRI) Analyst Rating Update On October 12, 2023, Citigroup maintained a Buy rating for Darden Restaurants (DRI) while adjusting the price

TickrTrends take: Citigroup's decision to lower its price target for DRI to $247 while maintaining its rating suggests the analyst sees limited upside from current levels, which aligns with TickrTrends' assessment that the stock is fairly valued. For valuation-focused investors in the Consumer Cyclical sector, this price target adjustment indicates the market may have already priced in the company's near-term prospects, leaving little margin of safety at present valuations. Monitoring whether other analysts follow suit with similar target reductions could signal whether consensus expectations are shifting for the company's earnings or growth trajectory.

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