UPDATE: Miller Tabak Raises PT on Darden Restaurants on Earlier Returns to Positive Comps

In a report published on Monday, Miller Tabak analyst Stephen Anderson raised the price target on Darden Restaurants DRI from $54 to $59 and maintained a Buy rating.

In the report, Miller Tabak noted, "we now think the pivot point for positive comps at the company's three mass-market brands— Olive Garden, Red Lobster, and LongHorn—will come in the May quarter (4Q13), three months earlier than we had expected."

Darden Restaurants closed Friday at $53.43 and traded up 0.37 percent at the time of publication.