Darden Restaurants, Inc. (NYSE:DRI) has seen notable fluctuations recently, with various holdings groups adjusting their stake in the company. While some such as
SG Americas Securities LLC, Brookstone Capital Management, and Royal Fund Management LLC have decreased their stock holdings, others including
AEGON ASSET MANAGEMENT UK Plc, Running Oak Capital LLC, and Beacon Investment Advisory Services have increased their stakes.
Darden's stock price has hit all-time highs, soaring nearly 15% after exceeding Q2 expectations and even reaching a new 1-year high. In terms of performance, it's reported that
LongHorn Steakhouse and Olive Garden have driven sales growth. Furthermore, growth predictions for the company remain optimistic, with
price targets raised to values between $210 and $230 over the coming years and strong value stock predictions. However, company insiders and several investment management firms have sold shares. Despite facing some challenges, particularly at Olive Garden, Darden's stock outlook is considered mixed but primarily positive. Many feel the company represents a strong long-term growth stock given its consistent customer obsession for brands like
Olive Garden and LongHorn Steakhouse.
Darden Restaurants Stocks DRI News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 01 Feb 2025 08:27:34 GMT -
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