Darden Restaurants, Inc. (NYSE:DRI) has been seeing continuous growth, with its stock soaring to all-time high levels and strong earnings reports. The successful performance of affiliate brands like
Olive Garden and
LongHorn Steakhouse has been a major driver behind the robust sales growth. Aggressive price targets set by various brokerage firms further demonstrate confidence in Darden's performance. Notably,
Bank of America has given Darden a new $211.00 price target while
Barclays set a $206.00 target. In addition, Darden's FY2025 earnings guidance update paints a positive outlook, indicative of the company's promising long-term strategies. Darden seemed to have secured a distinguished value stock status due to its reliable performance and steady growth. A recent landmark development is the completion of
Chuy's Holdings, Inc. acquisition by Darden. Another exciting move for Darden was its partnership with
Uber for delivery services. This alliance promises to further propel the company's growth and outreach.
Darden Restaurants Stocks DRI News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Wed, 01 Jan 2025 07:50:25 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor -2
