B. Riley Wealth Advisors Inc., Teachers Retirement System of The State of Kentucky, American International Group Inc., Rise Advisors LLC, Mather Group LLC, First Hawaiian Bank, SageView Advisory Group LLC among others, have adjusted their shares in Darden Restaurants, Inc. (NYSE:DRI). There has been a mixed reaction with some selling and others buying extra shares. Analysts like TD Cowen, Stephens and Morgan Stanley have issued new ratings for the restaurant group and major banks such as Citigroup, Bank of America, and Raymond James have revised their price targets. Darden's Q4 results indicate that EPS beat expectations but missed revenue for Q4 2024. An announcement of a quarterly dividend of $1.29 pushed the shares up. There is a promising update on FY25 Earnings Guidance. Some insiders, however, have sold stock recently which could be a bearish signal. Yet, the company's fundamentals are deemed strong.
Darden Restaurants Stocks DRI News Analytics from Thu, 11 Jan 2024 08:00:00 GMT to Sun, 23 Jun 2024 10:09:08 GMT -
Rating 4
- Innovation -1
- Information 8
- Rumor 2
