Darden Restaurants Inc. (DRI) shares have seen significant activity, with both executives and investment firms making various transactions worth well into the millions. Additionally, option contracts for September 2025 are now open for trade. Pundits such as
Jim Cramer advised investors to explore other restaurant stocks and advised buying DRI during pullbacks. Despite the mixed reviews and financial performance, DRI has announced a collaboration with Uber, which could potentially enhance its delivery capabilities, causing the stock to rebound. Though DRI's Q1 earnings and revenue both fell short of estimates, sales were driven by Olive Garden, its well-loved brand. A notable event was the
acquisition of Chuy's Tex-Mex Restaurant Chain, which stirred quite a reaction in the market. Several firms adjusted their price targets and ratings for DRI, showing a broad consensus on its potential. Several analysts, however, remain neutral citing industry challenges.
Darden Restaurants Stocks DRI News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 28 Sep 2024 08:55:54 GMT -
Rating 4
- Innovation 0
- Information 8
- Rumor -6
