Darden Restaurants' (DRI) recent activities have kept the market buzzing. Top officials, including the President, SVP, and Chief Supply Chain Officer Douglas Milanes, have sold substantial amounts of stock. Despite certain bearish indicators, the stock hasn't underperformed the market. A few catalysts for DRI have generated positive speculation, such as its
Uber delivery partnership and signs of a
significant breakout. However, there's a mixed review of Q1 earnings and revenue estimates. Numerous investment firms have adjusted their holdings in DRI, while one advises retaining their stock due to consistent positive returns.
Jim Cramer has given investors mixed reviews, referring to better options available but also signaling DRI as a potential buy on pullbacks. DRI recently released FY25 earnings guidance and is expected to issue a
quarterly dividend of $1.40. The company's recent performance and projected values have been met with varied market sentiment, with Wells Fargo raising its price target while others have downgraded the stock. DRI recently completed the acquisition of
Chuy's Tex-Mex Restaurant Chain, further broadening its market presence.
Darden Restaurants Stocks DRI News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Fri, 04 Oct 2024 07:45:32 GMT -
Rating 1
- Innovation -5
- Information 7
- Rumor -3
