Darden Restaurants, Inc. (NYSE:DRI) has been a significant focus in the recent financial discourse. Several investment firms like
LPL Financial LLC,
Allstate Corp, O Shaughnessy Asset Management LLC and
World Investment Advisors have recently increased their stakes in DRI. However, it's worth noting that some insiders were reportedly selling their shares which may indicate potential market weakness. Notably, the company reported
higher sales with a 12% price move over the last quarter. It also anticipates
strong sales growth amidst challenges. Its partnership with Uber and a positive sales outlook have created optimism, leading to a 6% stock
increase. While Wall Street expects Darden Restaurants Inc.'s stock price to rise, it is not yet clear whether it would outperform the Dow or Nasdaq.
KeyBanc and
Guggenheim have upgraded their price target for DRI predicting strong price appreciation. Despite missing Q3 earnings and revenue estimates, DRI's resilient stock performance sparks interest. Finally, investors are looking forward to the company’s Q3 earnings, as it is expected to deliver key metrics related to its growth momentum.
Darden Restaurants Stocks DRI News Analytics from Sat, 19 Oct 2024 07:00:00 GMT to Sat, 05 Apr 2025 19:23:53 GMT -
Rating 6
- Innovation -2
- Information 8
- Rumor -1
