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Darden Restaurants Stock Surpasses Analyst Target Price

Darden Restaurants shares have crossed the average target price of $202.46, now trading at $208.56. This signals to investors to assess if the stock can rise further or if it's time to sell.

Date: 
AI Rating:   7

Stock Performance and Analyst Targets
Darden Restaurants, Inc. (DRI) has seen its shares trading above the average analyst target price, recently at $208.56 compared to the consensus target of $202.46. This rise in stock price could prompt analysts to either downgrade their target based on valuation or to adjust it higher due to positive business developments.

With 28 analysts contributing to the average target, there is notable variance, with estimates ranging from a low of $150.00 to a high of $230.00. The standard deviation of $18.894 indicates some dispersion in analyst predictions, reflecting differing opinions on the stock's future performance.

Analyst Ratings Breakdown
The breakdown of current analyst ratings shows that 17 analysts have strong buy ratings, 2 have buy ratings, 8 are holding, and only 1 has a sell rating. There are no strong sell ratings, implying that the sentiment is significantly positive among the majority of analysts. The average rating of 1.73 (where 1 is strong buy and 5 is strong sell) suggests an overwhelmingly bullish outlook from analysts covering DRI.