Darden Restaurants Faces Multiple Price Target Reductions Amid Concerns

Darden Restaurants has experienced a series of price target reductions from various financial institutions, with TD Cowen and Wells Fargo lowering their targets to $200, and Evercore ISI adjusting it to $240. These changes reflect growing concerns over the company's pricing strategies and profit margins, indicating a cautious outlook on its future performance in the competitive restaurant industry. Investors are advised to monitor these developments closely.