Darden Restaurants Stock Gets New $235 Price Target

Citigroup analysts boost price objective on restaurant operator's shares

Published on Mar. 5, 2026

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Investment firm Citigroup has increased its price target on shares of Darden Restaurants (NYSE: DRI) from $234 to $235, maintaining a "buy" rating on the stock. The new price target suggests a potential upside of nearly 14% from the stock's current trading price.

Why it matters

Darden Restaurants, which owns popular chains like Olive Garden and LongHorn Steakhouse, has seen its stock perform well over the past year as the restaurant industry has recovered from pandemic-related challenges. The new price target from Citigroup indicates analysts' continued optimism about the company's growth prospects.

The details

In a research note, Citigroup analysts cited Darden's strong performance and positive outlook as reasons for the increased price target. The analysts also noted that other research firms have maintained "buy" or "equal weight" ratings on Darden's stock, with price targets ranging from $205 to $235.

  • Citigroup released the updated price target and rating on Thursday, March 5, 2026.

The players

Darden Restaurants

A multi-brand, full-service restaurant company that owns and operates popular dining concepts like Olive Garden and LongHorn Steakhouse.

Citigroup

A major global investment bank and financial services corporation that provides research coverage and ratings on Darden Restaurants' stock.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Darden Restaurants' strong performance and positive outlook have led Citigroup analysts to increase their price target on the stock, signaling continued confidence in the company's ability to navigate industry challenges and capitalize on growth opportunities.