Darden Restaurants, Inc. (DRI) has been the focus of significant financial activity. Calamos Advisors LLC, Fifth Third Bancorp, Dakota Wealth Management, and M&G Plc are among the firms that have altered their positions in DRI. DRI's stock has seen an upswing, surging by 3.7% and trading 3.3% higher at certain times. This has led to a reconsideration of its investment potential as a growth stock and long-term value stock, apart from its allure as a dividend stock. In spite of concerns about the tougher operating environment and lower earnings at restaurants like Olive Garden, DRI has outperformed with successes like robust profit at Ruth's Chris. The company has also increased its dividends and announced the acquisition of Chuy's Tex-Mex chain. However, analyst ratings vary, with Jefferies downgrading DRI and Raymond James reaffirming their Outperform rating. Opinions also differ on capital allocation and intrinsic value estimate for DRI shares. Nevertheless, some insiders have reportedly disposed of their holdings.
Darden Restaurants Stocks DRI News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Mon, 26 Aug 2024 00:10:53 GMT -
Rating 2
- Innovation -3
- Information 4
- Rumor -2
