Darden Restaurants Inc. (DRI) is predicted to experience earnings growth, according to latest reports.
Goldman Sachs Group Inc. and
Envestnet Asset Management Inc. have both reduced their holdings of DRI stock, while
GLOBALT Investments LLC has initiated a position.
Congress Asset Management Co. MA and
Rafferty Asset Management LLC have both increased their DRI holdings, indicating significant investor interest. Various brokerage price targets range between $165 and $191, with an average of $173.81. Despite some bearish signals and insider stock disposal, DRI records respectable return of 66% over the past five years. Darden's strong fundamentals are reemphasized, its lower-income customer spending decline notwithstanding. Corporate activity includes
Darden Restaurants announcing next week's earnings and the recent acquisition of Ruth's Chris bolstering sales. Overall, uncertainty is countered by general optimistic outlook on DRI's value growth and capital allocation abilities.
Darden Restaurants Stocks DRI News Analytics from Fri, 15 Dec 2023 08:00:00 GMT to Sun, 16 Jun 2024 19:22:12 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor 6
