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Stock impact report

Mizuho Sees Sales Upside at Darden (DRI), Flags Ongoing Commodity Cost Pressure [Yahoo! Finance]

Darden Restaurants, Inc. (DRI) 
Last darden restaurants, inc. earnings: 3/19 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
On December 22, Mizuho analyst Nick Setyan raised the firm's price target on Darden Restaurants, Inc. (NYSE:DRI) to $195 from $185 and kept a Neutral rating on the shares. The firm updated its estimates after the company released earnings. Darden delivered some upside in same-store sales growth during fiscal Q2. That strength didn't fully offset higher-than-expected commodity inflation, the analyst wrote in a research note. Earlier in December, Darden Restaurants, Inc. (NYSE:DRI) lifted its full-year sales outlook. Management pointed to steady demand across its brands, including Olive Garden, where affordable pricing continues to attract cost-conscious diners. Darden, which operates full-service concepts such as Ruth's Chris Steak House, Cheddar's Scratch Kitchen, and Yard House, has chosen to absorb tariff-related cost pressures rather than raise menu prices. That decision reflects how selective consumers remain when it comes to dining out. The company now expects same-restauran Show less Read more
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