The recent developments surrounding
Darden Restaurants Inc. (DRI) denote mixed reactions amongst investors and financial institutions. The restaurant stock witnessed a
12-month high encouraging buy advice. Multiple hedge funds consider DRI amongst the best restaurant stocks to invest. Financial institutions such as the
Toronto Dominion Bank and LM Advisors LLC significantly raised their stock holdings in DRI, whereas
GTS Securities LLC sold a considerable amount of DRI shares and Jefferies Financial Group trimmed their DRI stock position. Nonetheless, Equity firms like
Cullen Investment Group and Forum Financial Management LP invested, and Wall Street Zen upgraded DRI to a
'Buy' rating. The stock also witnessed increased purchases by financial firms such as
Waverly Advisors LLC and Aegis Wealth Management LLC.
DRI's partnership with Uber facilitated a jump in its stock alongside other factors such as sales outlook. However, with possible bearish signals due to insiders disposing of stock, several institutions decreased their stake in DRI stocks. Still, its stock showed resilience amidst industry challenges, surging 10% in a week after
robust Q3 earnings.
Darden Restaurants Stocks DRI News Analytics from Thu, 05 Dec 2024 08:00:00 GMT to Sat, 31 May 2025 22:24:59 GMT -
Rating 4
- Innovation -2
- Information 7
- Rumor -5
