Stephens resumed coverage on Darden Restaurants with a new price target
$DRI
Restaurants
Consumer Discretionary
Stephens resumed coverage of Darden Restaurants with a rating of Equal-Weight and set a new price target of $170.00
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/23/2024 | $170.00 → $150.00 | Buy → Hold | TD Cowen |
| 7/11/2024 | $154.00 → $124.00 | Hold → Underperform | Jefferies |
| 5/17/2024 | $175.00 | Neutral → Buy | BTIG Research |
| 4/12/2024 | $170.00 | Equal-Weight | Stephens |
| 10/19/2023 | $159.00 | Buy | Deutsche Bank |
| 7/18/2023 | $167.00 | Neutral | Piper Sandler |
| 2/2/2023 | $170.00 | Buy | Guggenheim |
| 1/24/2023 | $155.00 | Equal Weight | Wells Fargo |
TD Cowen downgraded Darden Restaurants from Buy to Hold and set a new price target of $150.00 from $170.00 previously
Jefferies downgraded Darden Restaurants from Hold to Underperform and set a new price target of $124.00 from $154.00 previously
BTIG Research upgraded Darden Restaurants from Neutral to Buy and set a new price target of $175.00
4 - DARDEN RESTAURANTS INC (0000940944) (Issuer)
4 - DARDEN RESTAURANTS INC (0000940944) (Issuer)
4/A - DARDEN RESTAURANTS INC (0000940944) (Issuer)
TD Cowen analyst Andrew Charles downgrades Darden Restaurants (NYSE:DRI) from Buy to Hold and lowers the price target from $170 to $150.
Piper Sandler analyst Brian Mullan maintains Darden Restaurants (NYSE:DRI) with a Neutral and lowers the price target from $163 to $159.
Stephens & Co. analyst Jim Salera reiterates Darden Restaurants (NYSE:DRI) with a Equal-Weight and maintains $165 price target.
DEFA14A - DARDEN RESTAURANTS INC (0000940944) (Filer)
DEFA14A - DARDEN RESTAURANTS INC (0000940944) (Filer)
DEFA14A - DARDEN RESTAURANTS INC (0000940944) (Filer)
ORLANDO, Fla., Aug. 22, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2025 first quarter financial results before the market opens on Thursday, September 19, 2024, with a conference call to follow at 8:30 am ET. Rick Cardenas, CEO, and other senior management will discuss first quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. What: Darden Restaurants, Inc. Fiscal 2025 First Quarter Earnings Conference Call When: 8:30 am ET, Thursday, September 19, 2024 Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=PaNJ6RaT How: Live o
ORLANDO, Fla. and AUSTIN, Texas, July 17, 2024 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Chuy's Holdings, Inc. ("Chuy's") (NASDAQ:CHUY), jointly announced today that they have entered into a definitive agreement pursuant to which Darden will acquire all of the outstanding shares of Chuy's for $37.50 per share, in an all-cash transaction with an enterprise value of approximately $605 million. Chuy's will complement Darden's portfolio of iconic brands, which currently includes Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V's and Bahama Breeze. Founded in Austin, Texas, in 1982
ORLANDO, Fla., June 20, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 26, 2024. Fourth Quarter 2024 Financial Highlights Total sales increased 6.8% to $3.0 billion driven by sales from the addition of 80 company-owned Ruth's Chris Steak House (Ruth's Chris) restaurants and 37 other net new restaurantsSame-restaurant sales:Consolidated Darden* 0.0 % Olive Garden (1.5) % LongHorn Steakhouse 4.0 % Fine Dining* (2.6) % Other Business (1.1) % Reported diluted net earnings per share from continuing operations were $2.58Excluding $0.07 of Ruth's Chris transaction and integration related costs, adjusted
SC 13G/A - DARDEN RESTAURANTS INC (0000940944) (Subject)
SC 13G/A - DARDEN RESTAURANTS INC (0000940944) (Subject)
SC 13G/A - DARDEN RESTAURANTS INC (0000940944) (Subject)
Chair Mary J. Guilfoile, Who Has Served With Distinction, to Step Down Following the 2024 Annual Meeting William S. Simon and Jill Sutton, Who Collectively Possess Experience in Capital Allocation, Corporate Governance and Transformations, Have Been Added to the Board Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the "Board") following the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board will elect a new Chair following Ms. Guilfoile's retirement. Add
ORLANDO, Fla., June 22, 2023 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) ("Darden" and "the Company") and Eugene I. Lee, Jr., Chairman of the Board of Directors of the Company, today announced that Mr. Lee has decided not to stand for reelection at the Company's 2023 Annual Meeting. Following the annual meeting, the Board will be comprised of nine members. "Serving as Darden's CEO and as a member and Chairman of the Board of Directors has been an honor," said Mr. Lee. "I am proud of what we have accomplished and believe that Darden is well-positioned to continue to grow and prosper for years to come." Darden Chief Executive Officer, Rick Cardenas, stated, "Gene is an extraordinary le
ORLANDO, Fla., Dec. 17, 2021 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) announced today that Eugene (Gene) I. Lee, Jr., Chairman and Chief Executive Officer, will retire as CEO effective May 29, 2022. Lee, 60, will continue to serve on Darden's Board of Directors as Executive Chairman until the 2022 Annual Meeting of Shareholders. At that time, Lee is expected to stand for re-election to the Board and continue to serve as Chairman in a non-executive capacity. The Board has unanimously elected Ricardo (Rick) Cardenas, 53, Darden's current President and Chief Operating Officer, as Chief Executive Officer, as well as a member of the Board effective May 30, 2022. "The Board and I are de
ORLANDO, Fla., Aug. 22, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2025 first quarter financial results before the market opens on Thursday, September 19, 2024, with a conference call to follow at 8:30 am ET. Rick Cardenas, CEO, and other senior management will discuss first quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. What: Darden Restaurants, Inc. Fiscal 2025 First Quarter Earnings Conference Call When: 8:30 am ET, Thursday, September 19, 2024 Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=PaNJ6RaT How: Live o
ORLANDO, Fla. and AUSTIN, Texas, July 17, 2024 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Chuy's Holdings, Inc. ("Chuy's") (NASDAQ:CHUY), jointly announced today that they have entered into a definitive agreement pursuant to which Darden will acquire all of the outstanding shares of Chuy's for $37.50 per share, in an all-cash transaction with an enterprise value of approximately $605 million. Chuy's will complement Darden's portfolio of iconic brands, which currently includes Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V's and Bahama Breeze. Founded in Austin, Texas, in 1982
ORLANDO, Fla., June 20, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 26, 2024. Fourth Quarter 2024 Financial Highlights Total sales increased 6.8% to $3.0 billion driven by sales from the addition of 80 company-owned Ruth's Chris Steak House (Ruth's Chris) restaurants and 37 other net new restaurantsSame-restaurant sales:Consolidated Darden* 0.0 % Olive Garden (1.5) % LongHorn Steakhouse 4.0 % Fine Dining* (2.6) % Other Business (1.1) % Reported diluted net earnings per share from continuing operations were $2.58Excluding $0.07 of Ruth's Chris transaction and integration related costs, adjusted