Darden Restaurants, the parent of Olive Garden and LongHorn Steakhouse, has seen a surge in its performance in the stock market recently. The company has been consistently outperforming the Consumer Discretionary sector. This strong performance has propelled Dardenβs stock to an all-time high, driven predominantly by buoyant sales at Olive Garden. Premier Path Wealth Partners LLC, Envestnet Portfolio Solutions Inc, Integrated Advisors Network LLC, and a slew of other investment firms have all taken positions in Darden, indicating their optimism about the firm's future. With the predictions of consistent earnings growth upto 2026, the outlook for Darden remains positive. Positive forecasts have also been issued by reputed firms like Morgan Stanley and Truist Financial. Various ratings from industry experts indicate a 'Hold' or 'Buy' advice for DRI stocks. Impressive Q4 earnings has fueled the bullish sentiment for the DRI stocks. However, some caution is exerted due to insider disposals of stock. Nevertheless, the company is expected to fare well in its upcoming earnings. Hence, the outlook remains positive for Darden restaurants and their shareholders.
Darden Restaurants Stocks DRI News Analytics from Thu, 05 Dec 2024 08:00:00 GMT to Sat, 21 Jun 2025 08:57:05 GMT -
Rating 8
- Innovation 2
- Information 9
- Rumor -3