BUZZ-Darden Restaurants falls after Truist Securities downgrades to 'hold'
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Darden Restaurants, owner of Olive Garden, saw its shares drop 1.4% to $196.97 in premarket trading after Truist Securities downgraded its rating from 'buy' to 'hold' and reduced the price target from $240 to $207. The brokerage cited a challenging outlook for 2026, with limited new sales drivers and tough comparisons following last year's performance. Despite 20 of 33 brokerages rating the stock as 'buy' or higher, concerns about growth remain, particularly regarding Olive Garden's value positioning and delivery performance.
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