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Fly News Breaks for May 23, 2019
DRI
May 23, 2019 | 07:22 EDT
Wedbush analyst Nick Setyan raised his price target for Darden to $130 from $120 as he believes Darden's current premium to peers on both a P/E and EV/EBITDA basis appropriately reflects "healthy" near-term comp trends and a relatively high degree of visibility into management's ability to achieve long-term targets. The analyst reiterates a Neutral rating on the shares.
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