Parallel Advisors LLC,
Boulder Hill Capital Management LP, and
Nomura Asset Management Co. Ltd. have increased their holdings in
Darden Restaurants. Despite this,
Hsbc Holdings PLC and
Assetmark Inc. have reduced their stocks in the company.
Team Hewins LLC and
SageView Advisory Group LLC acquired new shares. Darden Restaurants'
lower-income consumers are reportedly pulling back, causing a decline in sales amidst a tougher operating environment. The company's capital allocation has been questioned, and its price target has been cut to $165.00 by analysts at
JPMorgan Chase & Co. Citigroup's analysts maintain a Buy rating for Darden Restaurants. Despite certain challenges, investors have seen a respectable return of 66% in the past five years, and it has been suggested that Darden Restaurants is a good long-term value stock. The company has been deemed capable of managing its debt responsibly. Some question whether the market has wrongly assessed Darden Restaurants due to its declining stock yet solid fundamentals. Following a mixed earnings report, the stock dropped, yet
Olive Garden owner, Darden, beat earnings estimates and hiked guidance as sales climb.
Darden Restaurants Stocks DRI News Analytics from Wed, 15 Apr 2020 07:00:00 GMT to Sun, 02 Jun 2024 12:42:30 GMT -
Rating 2
- Innovation -3
- Information 6
- Rumor -6
