Darden Restaurants' upgraded at Goldman Sachs on compelling valuation, strong balance sheet

4 hours ago 3
LongHorn Steakhouse casual dining restaurant. LongHorn Steakhouse is owned and operated by Darden Restaurants.

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  • Goldman Sachs upgraded Darden Restaurants (NYSE:DRI) to Buy from Neutral and reiterated its $225 price target, representing 20% upside, reflecting the firm’s view that the current valuation is “justified” given the diversification of its restaurants and strong balance sheet.
  • Goldman

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