The asset management firm
Retireful LLC and
Miracle Mile Advisors LLC have acquired shares of
Darden Restaurants, Inc. (DRI). Despite facing challenges at Olive Garden, the restaurant group's stock outlook is mixed based on SWOT analysis. Central players like
Olive Garden and
LongHorn Steakhouse drive Darden's growth, with successful Q2 results and an 18% gain forecasted for 2025. Numerous insiders have made significant stock transactions, including a $1.16M options exercise by executive Todd Burrowes. Also, principal Susan M. Connelly has sold 9,264 shares.
Barclays have raised their price target for DRI stocks to $230.00. Q2 reports indicate lower earnings than expected but a 6% sales jump, fuelled by strong LongHorn Steakhouse performance despite overall losses on the day.
Uber's partnership with the restaurant conglomerate for delivery service has driven share prices up. Investor confidence remains high as the company seems poised for long-term growth, despite criticism from CNBC's Jim Cramer.
Darden Restaurants Stocks DRI News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Fri, 17 Jan 2025 11:29:29 GMT -
Rating 6
- Innovation -2
- Information 7
- Rumor -4
