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Darden price target raised to $262 from $261 at BofA
BofA raised the firm’s price target on Darden (DRI) to $262 from $261 and keeps a Buy rating on the shares. The firm expects same-store sales growth at Darden’s flagship brands – Olive Garden and LongHorn – to be mostly stable quarter-over-quarter, the analyst tells investors in a Q3 earnings preview.
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