Darden Restaurants falls after Truist Securities downgrades to 'hold'
ReutersJan 8, 2026 1:55 PM
Shares of Olive Garden owner Darden Restaurants DRI.N down 1.4% at 196.97 premarket
Truist Securities downgrades rating to "hold" from "buy"; cuts PT to $207 from $240
Brokerage cites a challenging setup heading into 2026, with few new sales drivers and hard comparisons after last year's boosts from "fan favorites" and the late‑February 2025 delivery launch
Adds Olive Garden's value positioning has not delivered growth, with only a small lift from delivery; doubts it will be a significant growth driver in 2026
20 of 33 brokerages rate stock "buy" or higher, 12 "hold", 1 "sell"; median PT is $222 - data compiled by LSEG
DRI fell 1.4% in 2025
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