Darden Restaurants Reports Fiscal 2018 First Quarter Results And Reaffirms Financial Outlook For The Full Fiscal Year

Darden Restaurants (DRI) PT Lowered to $82 at Jefferies Following 1Q

September 27, 2017 8:26 AM EDT

Jefferies lowered its price target on Darden Restaurants (NYSE: DRI) to $82.00 (from $90.00) while maintaining a Hold rating. F1Q results were inline with +1.7% blended SSS and adj. EPS of $0.99 vs. Consensus SSS/EPS of +1.8%/0.99, with Hurricane Harvey impacting SSS and EPS by 30bps and $0.015,... More

Darden Restaurants (DRI) PT Lowered to $88 at Morgan Stanley Following 1Q

September 27, 2017 7:56 AM EDT

Morgan Stanley lowered its price target on Darden Restaurants (NYSE: DRI) to $88.00 (from $93.00) while maintaining a Equalweight rating following 1Q earnings release. The impact from Hurricane Harvey in the 1Q was ~1.5c to EPS. In the 2Q, Harvey's lingering impact plus... More

Maxim Group Upgrades Darden Restaurants (DRI) to Buy

September 27, 2017 7:42 AM EDT

Maxim Group upgraded Darden Restaurants (NYSE: DRI) from Hold to Buy with a price target of $93.00 (from $90.00).

For an analyst ratings summary and ratings history on Darden Restaurants click here. For more ratings news on Darden Restaurants click here.

Shares of Darden Restaurants closed at $77.71 yesterday.

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Darden Restaurants (DRI) PT Lowered to $90 at RBC Capital

September 27, 2017 7:15 AM EDT

RBC Capital lowered its price target on Darden Restaurants (NYSE: DRI) to $90.00 (from $96.00) while maintaining a Sector Perform rating. Analyst David Palmer lowered the price target to reflect weakening casual dining trends and a slight reduction in Darden's same store sales outperformance... More

Darden Restaurants (DRI) Shares Back at 'Interesting' Levels - Oppenheimer

September 26, 2017 12:12 PM EDT

Oppenheimer analyst Brian Bittner said while near-term catalysts for Darden Restaurants (NYSE: DRI) are limited, the share price is at interesting levels again.

The firm maintained an Outperform rating and price target of $100 on DRI.

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Darden Restaurants (DRI) Reports In-Line Q1 EPS; Reaffirms

September 26, 2017 7:02 AM EDT

Darden Restaurants (NYSE: DRI) reported Q1 EPS of $0.99, in-line with the analyst estimate of $0.99. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.93 billion.

Blended same-restaurant sales from Darden's legacy brands increased 1.7%Same-restaurant sales for Cheddar\s... More