Darden Restaurants Inc. (DRI) has been receiving mixed reviews over recent months. Despite Stepens raising the stock target for DRI due to a new Uber deal, the company reported lagging Q1 earnings and revenue estimates. UberEats' partnership has evidently brought favor towards their stock and some sizable institutions have acquired a significant number of shares. Despite weak Q1 results, analysts at UBS remain bullish. Darden has also seen strong sales rebound and has struck a delivery deal with Uber causing a surge in the stock value. Other huge financial companies such as Massachusetts Financial Services and Hsbc Holdings purchased numerous shares. Regardless of poor first-quarter results, which saw a mixture of solid performance from Longhorn Steakhouse and weaker outcome from Olive Garden, the company's shares still enjoyed a leap. Darden is also reported to be joining leading stocks like Tesla, Nvidia, XPeng and has been trending upwards. Darden Restaurants has seen a decent run in the past five years with investors gaining a 37% return on the stocks. Its positive earnings results have solidified its reputation as a top-ranked growth stock, and its increasing dividend payments have earned the brand a solid reputation among its competitors.
Darden Restaurants Stocks DRI News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sat, 21 Sep 2024 11:51:53 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -7
