02:15 PM EDT, 03/24/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target by $16 to $216, 20x (from 19x) our FY 26 (May) EPS of $10.83 (from $10.50) and in line with its three-year historical average forward P/E. We lower our FY 25 EPS slightly to $9.52 (from $9.55). We lift our estimates as we think steady same-store sales at Olive Garden ( DRI ) and LongHorn Steakhouse are driving margin expansion, despite top-line results missing expectations in FQ3 (Feb-Q). We see operating margins reaching 12.5% (+40 bps Y/Y) in FY 26, driven by sales leverage and lower food and beverage costs. Our higher multiple considers DRI's customer and supply chain, which is more insulated from direct tariff exposure than most restaurant peers. We keep a Hold opinion on shares of DRI, which we think fully reflects our enthusiasm on same-store-sales growth, margin expansion, and subdued tariff risks at current P/E levels.