Mizuho raises target for Darden Restaurants stock to USD 245

Mizuho has increased its price target for Darden Restaurants (DRI) stock from $235 to $245, maintaining an Outperform rating. This adjustment follows Darden's fiscal first-quarter 2027 report, which showed sales up 5.10% to $3.20 billion, though LongHorn Steakhouse's comparable sales growth significantly outpaced Olive Garden's. The investment firm also slightly raised its fiscal 2027 EPS estimate, noting that stronger performance at Olive Garden is key to the investment case.