Several
brokerages have set the price target for
Darden Restaurants, Inc. (DRI) at $201.38. Some suggest potential surprises for shareholders. Despite recent wins, there is speculation on the streak's expiration. Upcoming quarterly earnings report seems promising. A significant number of shares have been bought and sold, with some financial market giants such as BNP Paribas and Comerica Bank offloading shares. Despite the activity, DRI shares led S&P gainers. The stock hit a new 1-year low then recovered.
Northern Trust Corp and
Mercer Global Advisors Inc. ADV picked up shares while various investment groups dived into DRI. Significant insider dumps have taken place. The outlook is bullish as the stock jumped, backed by strong sales, constructive 2025 guidance, robust
Uber partnership, and
Olive Garden's performance. Some question the stock's quality, despite boasting a 48% ROE. Growth momentum is expected to be maintained through Q3 earnings in March. There is controversy about whether DRI is a value stock. Earnings surged amid major expansion, and analysts expect further growth. DRI stock outperformed other retail-wholesale stocks. Uber delivery expansion and higher dividend were announced, further enriching shareholder returns.
Darden Restaurants Stocks DRI News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 10 May 2025 20:49:49 GMT -
Rating 4
- Innovation -2
- Information 8
- Rumor -3
